If in the market for apples, the supply curve has shifted to the left________.
A)the supply of apples has increased.
B)the supply of apples has decreased.
C)the quantity of apples supplied has increased.
D)the quantity of apples supplied has decreased.

Question

Quizplus · Accepted Answer

If the supply curve has shifted to the left, it means that at every price level, the quantity of apples supplied has decreased. This is because there has been a decrease in the availability of apples in the market, which could be due to factors such as a decrease in production, increase in input costs, or unfavorable weather conditions. Thus, the correct choice is B, which states that the supply of apples has decreased.

If in the Market for Apples, the Supply Curve Has