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Figure 3-8 -Refer to Figure 3-8. the Graph in This Figure Illustrates

question 231

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Figure 3-8 Figure 3-8   -Refer to Figure 3-8. The graph in this figure illustrates an initial competitive equilibrium in the market for motorcycles at the intersection of D<sub>2 </sub>and S<sub>2</sub> (point E) . If the technology to produce motorcycles improves and the number of buyers increases, how will the equilibrium point change? A)  The equilibrium point will move from E to A.  B)  The equilibrium point will move from E to B. C)  The equilibrium point will move from E to C.  D)  The equilibrium point will remain at E.
-Refer to Figure 3-8. The graph in this figure illustrates an initial competitive equilibrium in the market for motorcycles at the intersection of D2 and S2 (point E) . If the technology to produce motorcycles improves and the number of buyers increases, how will the equilibrium point change?

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