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Exhibit 3-5 Refer to Exhibit 3-5. in the Market Shown, a Rightward

Question 93

Multiple Choice

Exhibit 3-5 Exhibit 3-5 Refer to Exhibit 3-5. In the market shown, a rightward shift in supply from S<sub>1</sub> to S<sub>2</sub> could have been caused by A) a decline in the number of buyers in the market. B) a decline in the price of a substitute good. C) a decrease in income (assuming the good is a normal good) . D) the granting of a subsidy to the producer.
Refer to Exhibit 3-5. In the market shown, a rightward shift in supply from S1 to S2 could have been caused by


A) a decline in the number of buyers in the market.
B) a decline in the price of a substitute good.
C) a decrease in income (assuming the good is a normal good) .
D) the granting of a subsidy to the producer.

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