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Figure: Interpreting Supply Shifts
-(Figure: Interpreting Supply Shifts)The shift of the supply curve from A to B is an example of:

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Use the following to answer question 
Figure: Interpreting Supply Shifts 
-(Figure: Interpreting Supply Shifts)The shift of the supply curve from A to B is an example of:

Quizplus · Accepted Answer

The shift of the supply curve from A to B represents a change in supply, meaning that the entire supply curve has shifted due to non-price factors, such as changes in technology, input costs, or government regulations. It is not a price-induced shift as the entire curve has moved, not just a movement along the curve due to a change in price. It is also not a change in quantity supplied as that would only cause a movement along the same supply curve, not a shift. Finally, it is not a demand-induced shift as the supply curve is determined independently of the demand curve.

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