19. A possible explanation for supply shifting from $1 to $2 is O a) an improvement in technology. b) a decrease in demand. c) an increase in demand. d) an increase in the cost of energy.

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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QUESTION 19
28
24
20
16
12
8
4
P
S1
0
0 4 8 12 16
19. A possible explanation for supply shifting from S1 to S2 is
a) an improvement in technology.
b) a decrease in demand.
c) an increase in demand.
d) an increase in the cost of energy.
e) an increase in the number of buyers.
7
D1
20
S2
D2
24 Q
Transcribed Image Text:QUESTION 19 28 24 20 16 12 8 4 P S1 0 0 4 8 12 16 19. A possible explanation for supply shifting from S1 to S2 is a) an improvement in technology. b) a decrease in demand. c) an increase in demand. d) an increase in the cost of energy. e) an increase in the number of buyers. 7 D1 20 S2 D2 24 Q
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