Multiple Choice
The graph illustrates the supply of sweaters. Which of the following events will increase the supply of sweaters?
A) A rise in the wage rate paid to the workers who make sweaters.
B) A rise in the expected future price of a sweater.
C) An increase in income if sweaters are a normal good.
D) An increase in the number of sellers of sweaters.
E) A rise in the price of a sweater.
Correct Answer:
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