Exhibit 5-4

-Refer to Exhibit 5-4. The movement from ____ is consistent with an increase in supply
A)Point B to Point D
B)Point D to Point B
C)Point D to Point C
D)Point C to Point D

Question

Exhibit 5-4
​ 
-Refer to Exhibit 5-4. The movement from ____ is consistent with an increase in supply​
A)​Point B to Point D 
B)​Point D to Point B 
C)​Point D to Point C 
D)​Point C to Point D

Quizplus · Accepted Answer

An increase in supply, holding demand constant, results in a movement along the demand curve to a lower price and higher quantity, which is represented by moving from Point B to Point D.

Exhibit 5-4 ​

Exhibit 5-4