Which of the following movements would represent a decrease in the quantity supplied?
Two supply curves

Choose $\mathbf{2}$ answers:
A $D$ to $B$
B $B$ to $A$
c. $C$ to $A$

D $D$ to $A$
E $A$ to $C$

Question

Which of the following movements would represent a decrease in the quantity supplied?
Two supply curves

Choose $\mathbf{2}$ answers:
A $D$ to $B$
B $B$ to $A$
c. $C$ to $A$

D $D$ to $A$
E $A$ to $C$

Accepted Answer

∻Solution∻ ‖ a ⋮ Definition of Quantity Supplied: The quantity supplied refers to the amount of a good that producers are willing and able to sell at a given price. ‖ ‖ b ⋮ Movement Along the Supply Curve: A movement along the supply curve occurs when there is a change in the quantity supplied due to a change in the price of the good. ‖ ‖ c ⋮ Decrease in Quantity Supplied: A decrease in the quantity supplied is represented by a movement to the left along the supply curve, indicating that producers are willing to supply less of the good at a lower price. ‖ ‖ d ⋮ Analysis of Movements: - Movement from $D$ to $B$: This represents a movement down along the supply curve $S1$, indicating a decrease in the quantity supplied as the price decreases from $6$ to $4$. - Movement from $B$ to $A$: This represents a movement up along the supply curve $S2$, indicating an increase in the quantity supplied as the price increases from $4$ to $6$. - Movement from $C$ to $A$: This represents a movement down along the supply curve $S2$, indicating a decrease in the quantity supplied as the price decreases from $8$ to $6$. - Movement from $D$ to $A$: This represents a movement from supply curve $S1$ to supply curve $S2$, indicating a change in supply rather than a change in the quantity supplied. - Movement from $A$ to $C$: This represents a movement up along the supply curve $S2$, indicating an increase in the quantity supplied as the price increases from $6$ to $8$. ‖ ∻Answer∻ ⚹ A $D$ to $B$ and C $C$ to $A$ ⚹ ∻Key Concept∻ ⚹ Decrease in Quantity Supplied ⚹ ∻Explanation∻ ⚹ A decrease in the quantity supplied is represented by a movement to the left along the supply curve, indicating that producers are willing to supply less of the good at a lower price. The movements from $D$ to $B$ and $C$ to $A$ both represent such decreases. ⚹◊What impact does a decrease in quantity supplied have on market equilibrium in terms of price and⍭ Generate me a similar question◊

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