You notice that the price of notebooks falls and that the quantity of notebooks sold increases. You suspect that the _____ notebooks shifts to the _____.

Question

Quizplus · Accepted Answer

When the price of notebooks falls and the quantity sold increases, it indicates that there is more supply available at a lower price, which is represented by a shift of the supply curve to the right. This suggests that producers are willing to supply more notebooks at each price level, leading to a decrease in price and an increase in the quantity sold.

You Notice That the Price of Notebooks Falls and That