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Figure 45 Shows the Supply Curves of a Durable Good

Question 73

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Figure 4.5 shows the supply curves of a durable good.A shift from the supply curve S to S' could be caused by a(n) :
Figure 4.5 shows the supply curves of a durable good.A shift from the supply curve S to S' could be caused by a(n) :   A) decrease in consumer income. B) increase in the current price of the product. C) patent application that restricts the use of a particular production technology. D) several competing producers going out of business. E) expectation of a higher product price in the future among suppliers.


A) decrease in consumer income.
B) increase in the current price of the product.
C) patent application that restricts the use of a particular production technology.
D) several competing producers going out of business.
E) expectation of a higher product price in the future among suppliers.

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