Figure 4-6
-Refer to Figure 4-6.The movement from point A to point B on the graph is called

Name: Figure 4-6 -Refer to Figure 4-6.The movement from point A to point B on the graph is called
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Question

Figure 4-6 
-Refer to Figure 4-6.The movement from point A to point B on the graph is called

Quizplus · Accepted Answer

The movement from point A to point B represents an increase in the quantity supplied, not a shift in the entire supply curve. The quantity supplied increases from 50 units to 70 units in response to a price increase from $1.50 to $2.00. Therefore, the correct answer is C, an increase in the quantity supplied.

Figure 4-6 -Refer to Figure 4-6.The Movement from Point a to Point