in-a-graph-showing-a-shift-in-supply-what-does-s1-and-s2-typically-represent

Question

In a graph showing a shift in supply, what does S1 and S2 typically represent?

Accepted Answer

S1 is the original supply curve, S2 is the new supply curve.

Answer

S1 and S2 both represent the new supply curve.

Answer

S1 is the new supply curve, S2 is the original supply curve.

Answer

S1 and S2 both represent the original supply curve.