Graph 6-4 -According to Graph 6-4, When the Supply Curve Shifts from Curve

question 60

Multiple Choice

Graph 6-4
-According to Graph 6-4, when the supply curve shifts from S1 to S₂:

• A)the new market quantity will be Q₃
• B)the new market quantity will be less than Q₃
• C)the new market quantity will be greater than Q₃
• D)there will be a surplus at the new market price of P₂

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