Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
100%
Which of the following graphs represents an increase in supply in a given market?
![$10
$9
20, $9
70, $9
$8
30, $8
80, $8
$7
40, $7
90, $7
$6
50, $6
100, $6
$5
60, $5
110, $5
$4
70, $4
120, $4
$3
80, $3
130, $3
$2
90, $2
140, $2
$1
100, $1
150, $1
$-
20
40
60
80
100
120
140
160
Quantity
$10
$9
100, $9
150, $9
$8
90, $8
140, $8
$7
80, $7
130, $7
$6
70, $6
120, $6
$5
60, $5
110, $5
$4
50, $4
100, $4
$3
40, $3
90, $3
$2
30, $2
80, $2
$1
20, $1
70, $1
$-
20
40
60
80
100
120
140
160
Quantity
Price
Price](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2b8bb411-d3f1-485a-80bb-4c2cc88a8d28%2F57c9d8e0-b6b7-45df-b525-fae9b0d44c2d%2Fqq1b3ew_processed.png&w=3840&q=75)
Transcribed Image Text:$10
$9
20, $9
70, $9
$8
30, $8
80, $8
$7
40, $7
90, $7
$6
50, $6
100, $6
$5
60, $5
110, $5
$4
70, $4
120, $4
$3
80, $3
130, $3
$2
90, $2
140, $2
$1
100, $1
150, $1
$-
20
40
60
80
100
120
140
160
Quantity
$10
$9
100, $9
150, $9
$8
90, $8
140, $8
$7
80, $7
130, $7
$6
70, $6
120, $6
$5
60, $5
110, $5
$4
50, $4
100, $4
$3
40, $3
90, $3
$2
30, $2
80, $2
$1
20, $1
70, $1
$-
20
40
60
80
100
120
140
160
Quantity
Price
Price
![$10
$9
100, $9
150, $9
$8
90, $8
140, $8
$7
80, $7
130, $7
$6
70, $6
120, $6
$5
60, $5
110, $5
$4
50, $4
100, $4
$3
40, $3
90, $3
$2
30, $2
80, $2
$1
20, $1
70, $1
$-
20
40
60
80
100
120
140
160
Quantity
$10
$9
20, $9
70, $9
$8
30, $8
80, $8
$7
40, $7
90, $7
$6
50, $6
100, $6
$5
60, $5
110, $5
$4
70, $4
120, $4
$3
80, $3
130, $3
$2
90, $2
140, $2
$1
100, $1
150, $1
$-
40
60
80
100
120
140
160
Quantity
Price
Price
20](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2b8bb411-d3f1-485a-80bb-4c2cc88a8d28%2F57c9d8e0-b6b7-45df-b525-fae9b0d44c2d%2Fcyqx9dk_processed.png&w=3840&q=75)
Transcribed Image Text:$10
$9
100, $9
150, $9
$8
90, $8
140, $8
$7
80, $7
130, $7
$6
70, $6
120, $6
$5
60, $5
110, $5
$4
50, $4
100, $4
$3
40, $3
90, $3
$2
30, $2
80, $2
$1
20, $1
70, $1
$-
20
40
60
80
100
120
140
160
Quantity
$10
$9
20, $9
70, $9
$8
30, $8
80, $8
$7
40, $7
90, $7
$6
50, $6
100, $6
$5
60, $5
110, $5
$4
70, $4
120, $4
$3
80, $3
130, $3
$2
90, $2
140, $2
$1
100, $1
150, $1
$-
40
60
80
100
120
140
160
Quantity
Price
Price
20
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