Figure 4-10

-Refer to Figure 4-10.Which of the following would cause the supply curve to shift from Supply A to Supply C in the market for tennis racquets?

Question

Figure 4-10
 
-Refer to Figure 4-10.Which of the following would cause the supply curve to shift from Supply A to Supply C in the market for tennis racquets?

Quizplus · Accepted Answer

A decrease in the price of tennis racquet strings would lower the production costs for tennis racquet manufacturers. This would allow them to supply greater quantities at each price level, which would shift the supply curve to the right from Supply A to Supply C. The other options do not directly relate to the production or supply of tennis racquets.

Figure 4-10 -Refer to Figure 4-10.Which of the Following Would Cause the Following