Exhibit 4-3 Supply and demand curves
In Exhibit 4-3, an increase in quantity supplied would cause a movement from which equilibrium point to another, other things being equal?

Question

Exhibit 4-3 Supply and demand curves 
In Exhibit 4-3, an increase in quantity supplied would cause a movement from which equilibrium point to another, other things being equal?

Quizplus · Accepted Answer

An increase in quantity supplied would shift the supply curve to the right, causing a movement from E₁ to E₄, where the new equilibrium point is reached.

Exhibit 4-3 Supply and Demand Curves