Exhibit 5-4 -Refer to Exhibit 5-4. A movement from S 1 to S 3 could occur if:

An increase in the price of ingredients such as tomatoes and pickles would increase the cost of producing submarine sandwiches, potentially leading to a decrease in supply, which is represented by a movement from S 1 to S 3 in the exhibit.

Exhibit 5-4 -Refer to Exhibit 5-4. A movement from S 1 to S 3 could occur if:

An increase in the price of ingredients such as tomatoes and pickles would increase the cost of producing submarine sandwiches, potentially leading to a decrease in supply, which is represented by a movement from S 1 to S 3 in the exhibit.

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Exhibit 5-4

Question 63

Multiple Choice

Exhibit 5-4
Exhibit 5-4 -Refer to Exhibit 5-4. A movement from S<sub>1</sub> to S<sub>3</sub> could occur if: A) there is a decrease in the price of submarine sandwiches B) there is an increase in price of ingredients such tomatoes and pickles C) there is a decrease in price of hamburgers, a substitute to submarine sandwiches D) the price of bread used to make submarine sandwiches decreases
-Refer to Exhibit 5-4. A movement from S₁ to S₃ could occur if:

A) there is a decrease in the price of submarine sandwiches
B) there is an increase in price of ingredients such tomatoes and pickles
C) there is a decrease in price of hamburgers, a substitute to submarine sandwiches
D) the price of bread used to make submarine sandwiches decreases

Correct Answer: