A Leftward Shift in the Supply Curve Indicates

question 93

Multiple Choice

A leftward shift in the supply curve indicates

• A)a decrease in the quantity supplied at each price.
• B)that an increase in income results in an increase in the quantity demanded at each price.
• C)that more is demanded at each price.
• D)an increase in the quantity supplied at each price.
• E)that more suppliers have entered the industry.