Exhibit 4-2 Supply and demand curves
-In Exhibit 4-2 an increase in supply would cause a movement from which equilibrium point to another, other things being equal?

Name: Exhibit 4-2 Supply and demand curves -In Exhibit 4-2 an increase in supply would cause a movement from which equilibrium point to another, other things being equal?
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Question

Exhibit 4-2 Supply and demand curves  ​
-In Exhibit 4-2 an increase in supply would cause a movement from which equilibrium point to another, other things being equal?

Quizplus · Accepted Answer

An increase in supply would shift the supply curve to the right, causing the equilibrium point to move from E1 to E2.

Exhibit 4-2 Supply and Demand Curves ​

Exhibit 4-2 Supply and Demand Curves