FIGURE 3-2 Refer to Figure 3-2.A shift of the supply curve for energy-efficient light bulbs from S to S2 could be caused by
A) an increase in the price of energy-efficient light bulbs.
B) a decrease in the price of energy-efficient light bulbs.
C) an increase in the number of suppliers.
D) the elimination of existing government subsidies to suppliers of energy-efficient light bulbs.
E) a change in consumers' preferences away from ordinary light bulbs.
Correct Answer:
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