Refer to the accompanying figure. An increase in supply is represented by a shift from:
A)curve A to curve B.
B)curve B to curve A.
C)curve C to curve D.
D)curve C to curve B.

Name: Refer to the accompanying figure. An increase in supply is represented by a shift from: A)curve A to curve B. B)curve B to curve A. C)curve C to curve D. D)curve C to curve B.
Brand: Quizplus
Rating: 4.9 (33 reviews)

Question

Refer to the accompanying figure. An increase in supply is represented by a shift from: 
A)curve A to curve B. 
B)curve B to curve A. 
C)curve C to curve D. 
D)curve C to curve B.

Quizplus · Accepted Answer

Supply curves are upward sloping, and an increase in supply is represented by a rightward shift in the supply curve.

Refer to the Accompanying Figure