-Refer to the above figure.Suppose that the supply curve shifts from S_A to S_B while the demand curve remains at D_A.Which of the following is true? A)Only quantity supplied has increased. B)Only quantity demanded has decreased. C)Supply has increased. D)Supply has decreased.

Question

Quizplus · Accepted Answer

The shift from S_A to S_B indicates an increase in supply, as the supply curve has shifted to the right.

-Refer to the Above Figure