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Figure 3-6 -In Figure 3-6, Suppose D1 and S1 Indicate Initial Conditions

question 183

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Figure 3-6 Figure 3-6 -In Figure 3-6, suppose D<sub>1</sub> and S<sub>1</sub> indicate initial conditions in the market for ice cream. Which of the following changes would tend to cause a shift from S<sub>1</sub> to S<sub>2</sub> in the market for ice cream? A) an increase in the price of sugar, an ingredient used to produce ice cream B) a decrease in the price of frozen yogurt, a substitute for ice cream C) abnormally hot weather that temporarily increases consumer desire for ice cream D) a decrease in the price of milk, an ingredient used to produce ice cream
-In Figure 3-6, suppose D1 and S1 indicate initial conditions in the market for ice cream. Which of the following changes would tend to cause a shift from S1 to S2 in the market for ice cream?

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