A shift of the supply curve from S to S, could be caused by A. a change in consumers' preferences away from ordinary light bulbs toward energy-efficient light bulbs. B. a decrease in the price of energy-efficient light bulbs. C. an increase in the price of energy-efficient light bulbs. D. an increase in population with purchasing power. E. a reduction in the number of suppliers of energy-efficient light bulbs due to high cost of production.
A shift of the supply curve from S to S, could be caused by A. a change in consumers' preferences away from ordinary light bulbs toward energy-efficient light bulbs. B. a decrease in the price of energy-efficient light bulbs. C. an increase in the price of energy-efficient light bulbs. D. an increase in population with purchasing power. E. a reduction in the number of suppliers of energy-efficient light bulbs due to high cost of production.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![A shift of the supply curve from S to S, could be caused by
O A. a change in consumers' preferences away from ordinary light bulbs toward energy-efficient light bulbs.
O B. a decrease in the price of energy-efficient light bulbs.
O c. an increase in the price of energy-efficient light bulbs.
D. an increase in population with purchasing power.
E. a reduction in the number of suppliers of energy-efficient light bulbs due to high cost of production.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb0f18c60-2b14-4c75-a028-a9713e3a91b4%2Fb0a0e5bb-3607-4a00-9b70-07d97715c5b8%2F16335pl_processed.png&w=3840&q=75)
Transcribed Image Text:A shift of the supply curve from S to S, could be caused by
O A. a change in consumers' preferences away from ordinary light bulbs toward energy-efficient light bulbs.
O B. a decrease in the price of energy-efficient light bulbs.
O c. an increase in the price of energy-efficient light bulbs.
D. an increase in population with purchasing power.
E. a reduction in the number of suppliers of energy-efficient light bulbs due to high cost of production.
![The graph below shows different supply curves.
Dollars per unit
14-
13-
12-
11-
10-
9-
8-
A
B
00
$1
D
S
52
50
100 150 200 250
300
Quantity of energy-efficient light bulbs (thousands)
A shift of the sunnly curve from Sto S. could be caused hv](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb0f18c60-2b14-4c75-a028-a9713e3a91b4%2Fb0a0e5bb-3607-4a00-9b70-07d97715c5b8%2F0totnx9_processed.png&w=3840&q=75)
Transcribed Image Text:The graph below shows different supply curves.
Dollars per unit
14-
13-
12-
11-
10-
9-
8-
A
B
00
$1
D
S
52
50
100 150 200 250
300
Quantity of energy-efficient light bulbs (thousands)
A shift of the sunnly curve from Sto S. could be caused hv
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