which events could cause the change in supply shown on this graph? check all that apply.\n□ a producer goes…

which events could cause the change in supply shown on this graph? check all that apply.\n□ a producer goes out of business.\n□ a natural disaster causes production to drop.\n□ a new company joins the marketplace.\n□ a company begins to produce more goods.\n□ a resource needed to produce more of the good has became scarce.

which events could cause the change in supply shown on this graph? check all that apply.\n□ a producer goes out of business.\n□ a natural disaster causes production to drop.\n□ a new company joins the marketplace.\n□ a company begins to produce more goods.\n□ a resource needed to produce more of the good has became scarce.

Answer

Brief Explanations:

The graph shows a left - ward shift in the supply curve, indicating a decrease in supply. A producer going out of business reduces the number of suppliers, thus decreasing supply. A natural disaster can disrupt production and cause a drop in supply. Scarce resources make it difficult to produce more, leading to a decrease in supply. A new company joining the market or a company producing more goods would increase supply, not decrease it.

Answer:

A. A producer goes out of business. B. A natural disaster causes production to drop. E. A resource needed to produce more of the good has become scarce.