Figure 6-3
-In the figure above, the supply curve is generated by

Question

Figure 6-3 
-In the figure above, the supply curve is generated by

Quizplus · Accepted Answer

The figure shows a graph of the U.S. market for the product, with the supply curve indicating the quantity of goods supplied by foreign producers to the U.S. market. Since the curve is upward sloping, it suggests that as the price of the good increases, foreign producers will supply more to meet the demand of U.S. consumers. Therefore, the correct choice is C, U.S. imports.

Figure 6-3 -In the Figure Above, the Supply Curve Is Generated by Is