Figure 4-25
The graph below pertains to the supply of paper to colleges and universities.
-Refer to Figure 4-25. All else equal, an increase in the use of laptop computers for note-taking would cause a move from

Question

Figure 4-25
The graph below pertains to the supply of paper to colleges and universities. 
-Refer to Figure 4-25. All else equal, an increase in the use of laptop computers for note-taking would cause a move from

Quizplus · Accepted Answer

An increase in the use of laptop computers for note-taking would decrease the demand for paper, which would shift the demand curve to the left. This would cause a new equilibrium point at point x. Therefore, the supply curve would move from y to x.

Figure 4-25 the Graph Below Pertains to the Supply of Paper to Paper