Economics 2281 · O Level · Supply

Supply — practice question

The table displays the supply of a product at different prices. If the price rises from 12 to 14, what change will occur in supply?

  • ASupply will contract by 40 units and there will be a movement down along the supply curve.
  • BSupply will contract by 200 units and there will be an inward shift of the supply curve.
  • CSupply will extend by 40 units and there will be a movement up along the supply curve.
  • DSupply will extend by 200 units and there will be an outward shift of the supply curve.

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