-The graph illustrates the supply of sweaters.As the technology used to produce sweaters improves,the
A) supply of sweaters decreases and the demand for sweaters does not change.
B) supply of sweaters increases and the demand for sweaters does not change.
C) quantity of sweaters supplied increases.
D) quantity of sweaters supplied decreases.
E) supply of sweaters increases and the demand for sweaters increases.

Question

-The graph illustrates the supply of sweaters.As the technology used to produce sweaters improves,the
A) supply of sweaters decreases and the demand for sweaters does not change. 
B) supply of sweaters increases and the demand for sweaters does not change. 
C) quantity of sweaters supplied increases. 
D) quantity of sweaters supplied decreases. 
E) supply of sweaters increases and the demand for sweaters increases.

Quizplus · Accepted Answer

Improvements in technology used to produce sweaters make production more efficient, leading to an increase in the supply of sweaters. This does not directly affect the demand for sweaters, which is determined by consumer preferences and purchasing power.

-The Graph Illustrates the Supply of Sweaters