Use the figure below to answer the following question. Price 3 4 S3 5 Quantity S₁ 2 LO 6 S₂ An increase in supply would best be reflected by a change from

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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Use the figure below to answer the following question.
Price
3
4
S3
1
5
Quantity
S₁
2
6
S₂
An increase in supply would best be reflected by a change from
Transcribed Image Text:Use the figure below to answer the following question. Price 3 4 S3 1 5 Quantity S₁ 2 6 S₂ An increase in supply would best be reflected by a change from
Multiple Choice
O
O
point 3 to point 4.
point 2 to point 5.
O point 1 to point 3.
Opoint 1 to point 2.
Transcribed Image Text:Multiple Choice O O point 3 to point 4. point 2 to point 5. O point 1 to point 3. Opoint 1 to point 2.
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