The graph above represents _______
...
The graph above represents _______
A decrease in quantity supplied
An increase in supply
A decrease in supply
An increase in quantity supplied
Correct answer is D
There is an increase in the quantity supplied if the quantity supplied increases as a result of an
increase in price of the commodity.
From the graph, an increase in the price of the commodity from p1 to p2 brought about a
corresponding increase in quantity supplied from q1 to q2.
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