What happens in the graph when the price of bottled water rises? What happens when the price of flavored water( a subsistute in production for bottled water) rises? When the price of bottled water rises, _____. When the price of flavored water rises, ____.? A. There is a movement along the supply curve; the supply curve shifts rightward. B. The supply curve shifts leftward; there is a movement down along the supply curve. C. The supply curve shifts rightward; there is a movement up along the supply curve. D. there is a movement up along the supply curve; the supply curve shifts leftward.
What happens in the graph when the price of bottled water rises? What happens when the price of flavored water( a subsistute in production for bottled water) rises? When the price of bottled water rises, _____. When the price of flavored water rises, ____.? A. There is a movement along the supply curve; the supply curve shifts rightward. B. The supply curve shifts leftward; there is a movement down along the supply curve. C. The supply curve shifts rightward; there is a movement up along the supply curve. D. there is a movement up along the supply curve; the supply curve shifts leftward.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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