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Supply and Demand Together: One-sided Shifts
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Supply and Demand Together: One-sided Shifts
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3. Supply and Demand / Supply and Demand Together: One-sided Shifts / Problem 3
Problem 3
In a graph showing a shift in supply, what does S1 and S2 typically represent?
A
S1 and S2 both represent the new supply curve.
B
S1 is the new supply curve, S2 is the original supply curve.
C
S1 is the original supply curve, S2 is the new supply curve.
D
S1 and S2 both represent the original supply curve.
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