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 cause a shift in the supply curve to the right, leading to a new equilibrium point where the supply and demand curves intersect at a higher quantity and lower price. This movement would be from point E₁ to point E₄.

Exhibit 4-3 Supply and Demand Curves