The following graph shows the supply of movie downloads. If price changes from $4.00 to $2.00 then:
A) market quantity supplied will increase by 7.
B) market quantity supplied will decrease by 12.
C) Charlie will stop supplying any of this product.
D) Charlie, Barry, and Ann will proportionally reduce the quantity that they each supply.

Question

The following graph shows the supply of movie downloads. If price changes from $4.00 to $2.00 then: 
A) market quantity supplied will increase by 7. 
B) market quantity supplied will decrease by 12. 
C) Charlie will stop supplying any of this product. 
D) Charlie, Barry, and Ann will proportionally reduce the quantity that they each supply.

Quizplus · Accepted Answer

The Answer of The following graph shows the supply of movie downloads. If price changes from $4.00 to $2.00 then: 
A) market quantity supplied will increase by 7. 
B) market quantity supplied will decrease by 12. 
C) Charlie will stop supplying any of this product. 
D) Charlie, Barry, and Ann will proportionally reduce the quantity that they each supply.

The Following Graph Shows the Supply of Movie Downloads