The following figure depicts the supply curve. Dollar per unit 250+ 200+ 150+ 100+ 50 50 100 3) Curve should pass through (0,0) 4) All of the above. 150 Units What is missing in the graph? (DL-3) 1) No information is given about the units of the variables. 2) Variables are not labelled in the graph. 200 250

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter3: Demand And Supply
Section: Chapter Questions
Problem 23RQ: Name some factors that can cause a shift in line demand curve in markets for goods and services.
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The following figure depicts the supply curve.
Dollar per unit
250-
200+
150+
100+
50
50
100
150
Units
What is missing in the graph? (DL-3)
1) No information is given about the units of the variables.
2) Variables are not labelled in the graph.
3) Curve should pass through (0,0)
4) All of the above.
200
250
Transcribed Image Text:The following figure depicts the supply curve. Dollar per unit 250- 200+ 150+ 100+ 50 50 100 150 Units What is missing in the graph? (DL-3) 1) No information is given about the units of the variables. 2) Variables are not labelled in the graph. 3) Curve should pass through (0,0) 4) All of the above. 200 250
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