Figure 4-10

-Refer to Figure 4-10.Which of the following would cause the supply curve to shift from Supply B to Supply A in the market for disposable ballpoint pens?

Name: Figure 4-10 -Refer to Figure 4-10.Which of the following would cause the supply curve to shift from Supply B to Supply A in the market for disposable ballpoint pens?
Brand: Quizplus
Rating: 4.9 (51 reviews)

Question

Figure 4-10
 
-Refer to Figure 4-10.Which of the following would cause the supply curve to shift from Supply B to Supply A in the market for disposable ballpoint pens?

Quizplus · Accepted Answer

An increase in the price of ink, which is a production input, would increase production costs, causing the supply curve to shift left from Supply B to Supply A.

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