Figure 4-4
-Refer to Figure 4-4. The movement from point A to point B on the graph is caused by

Name: Figure 4-4 -Refer to Figure 4-4. The movement from point A to point B on the graph is caused by
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Question

Figure 4-4 
-Refer to Figure 4-4. The movement from point A to point B on the graph is caused by

Quizplus · Accepted Answer

The movement from point A to point B on a typical supply and demand graph, where the quantity supplied increases while moving up along the supply curve, is caused by an increase in the price of the good. This is because suppliers are willing to produce and sell more of the good at higher prices.

Figure 4-4 -Refer to Figure 4-4. the Movement from Point a to Point