Refer to the graph shown.If the quantity supplied increases from 2 to 4 when the price of CDs increases from $2.00 to $5.00, the response by producers would be shown by:
A)a shift from S0 toS1.
B)a shift from S1 toS0.
C)a movement upward and to the right alongS0.
D)a movement upward and to the right alongS1.

Question

Refer to the graph shown.If the quantity supplied increases from 2 to 4 when the price of CDs increases from $2.00 to $5.00, the response by producers would be shown by: 
A)a shift from S0 toS1. 
B)a shift from S1 toS0. 
C)a movement upward and to the right alongS0. 
D)a movement upward and to the right alongS1.

Quizplus · Accepted Answer

The Answer of Refer to the graph shown.If the quantity supplied increases from 2 to 4 when the price of CDs increases from $2.00 to $5.00, the response by producers would be shown by: 
A)a shift from S0 toS1. 
B)a shift from S1 toS0. 
C)a movement upward and to the right alongS0. 
D)a movement upward and to the right alongS1.

Refer to the Graph Shown