A decrease in supply is represented by the movement from

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter2: Choice In A World Of Scarcity
Section: Chapter Questions
Problem 25P: If the price of a pie is 12, what is the maximum number of pies she could buy in a week?
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Refer to Figure 3.10. A decrease in supply is represented by the movement from A) S2 to S3. B) S2 to S1. C) Point B to Point A along supply curve S2. D) Point B to Point C along supply curve S2.
$
Price of pizza
0
с
B
А
Number of pizzas
per week
S₁
S2
S3
Q
Transcribed Image Text:$ Price of pizza 0 с B А Number of pizzas per week S₁ S2 S3 Q
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