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FIGURE 3-2 Refer to Figure 3-2

Question 94

Multiple Choice

  FIGURE 3-2 Refer to Figure 3-2.A shift of the supply curve for energy-efficient light bulbs from S to S<sup>2</sup> 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. 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.

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