Refer to Figure 4-3. A change from Point A to Point B represents a(n):
A. increase in supply.
B. decrease in supply.
C. increase in quantity supplied.
D. decrease in quantity supplied.
Answer:C
Refer to Figure 4-3. A change from Point A to Point B represents a(n):
A. increase in supply. B. decrease in supply. C. increase in quantity supplied. D. decrease in quantity supplied.
Explanation: Type: Multiple Choice Difficulty: Medium Category: Understand