Figure 4-5
-Refer to the Figure 4-5. Which of the four graphs shown illustrates a decrease in quantity supplied?

Name: Figure 4-5 -Refer to the Figure 4-5. Which of the four graphs shown illustrates a decrease in quantity supplied?
Brand: Quizplus
Rating: 4.8 (57 reviews)

Question

Figure 4-5 
-Refer to the Figure 4-5. Which of the four graphs shown illustrates a decrease in quantity supplied?

Quizplus · Accepted Answer

Graph B shows a decrease in quantity supplied as the price increases from P1 to P2 because the quantity supplied decreases from Q1 to Q2. The other graphs show an increase in quantity supplied as the price increases.

Figure 4-5 -Refer to the Figure 4-5. Which of the Four Graphs