Economics 9708 · AS & A Level · Demand and supply curves

Demand and supply curves — practice question

The diagram illustrates a movement of the supply curve for a product from S1 to S2. What might have caused this change in the supply curve?

  • Aan increase in the cost of producing the product
  • Ban increase in the income of consumers of the product
  • Can increase in the demand for a product that is jointly supplied
  • Dan increase in the price of the product

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