-The figure above shows supply curves for soft drinks. Suppose the economy is at point a. A movement to point b could be the result of

Question

Quizplus · Accepted Answer

A movement from point a to point b on a supply curve, which typically represents an increase in the quantity supplied at the same price, could be the result of an increase in technology. This is because improvements in technology can make production more efficient, allowing producers to supply more at the same price.

-The Figure Above Shows Supply Curves for Soft Drinks