Figure 4-9

-Refer to Figure 4-9.The movement from point A to point B on the graph is called

Question

Figure 4-9
 
-Refer to Figure 4-9.The movement from point A to point B on the graph is called

Quizplus · Accepted Answer

The movement from point A to point B on the graph represents an increase in the quantity supplied. This is because the price has increased from $4 to $6, which incentivizes producers to supply a greater quantity, resulting in a shift along the supply curve. This is different from an increase in supply, which would be represented by a shift of the entire supply curve to the right. A decrease in supply or quantity supplied would result in a shift to the left of the supply curve.

Figure 4-9 -Refer to Figure 4-9.The Movement from Point a to Point