Which of the Following Scenarios Would Explain the Change in Equilibrium

question 101

Multiple Choice

Which of the following scenarios would explain the change in equilibrium shown in the accompanying figure?

• A)an increase in an input price
• B)a decrease in the number of buyers in a market
• C)an increase in the price of a substitute good
• D)an increase in the expected future price
• E)a negative technological change

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