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Graph 6-4 -According to Graph 6-4, When the Supply Curve Shifts from Curve

Question 63

Multiple Choice

Graph 6-4 Graph 6-4   -According to Graph 6-4, when the supply curve shifts from S1 to S<sub>2</sub>: A) the new market quantity will be Q₃ B) the new market quantity will be less than Q₃ C) the new market quantity will be greater than Q₃ D) there will be a surplus at the new market price of P₂
-According to Graph 6-4, when the supply curve shifts from S1 to S2:


A) the new market quantity will be Q₃
B) the new market quantity will be less than Q₃
C) the new market quantity will be greater than Q₃
D) there will be a surplus at the new market price of P₂

Correct Answer:

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