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    Economics Study Set 9
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    Exam 3: Where Prices Come From: the Interaction of Demand and Supply
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    Figure 3-2 -Refer to Figure 3-2. an Increase in the Price of the Price
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Figure 3-2 -Refer to Figure 3-2. an Increase in the Price of the Price

Question 391

Question 391

Multiple Choice

Figure 3-2 Figure 3-2   -Refer to Figure 3-2. An increase in the price of substitutes in production would be represented by a movement from A)  A to B. B)  B to A. C)  S<sub>1</sub> to S<sub>2</sub>. D)  S<sub>2 </sub>to S<sub>1</sub>.
-Refer to Figure 3-2. An increase in the price of substitutes in production would be represented by a movement from


A) A to B.
B) B to A.
C) S1 to S2.
D) S2 to S1.

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