the graph shows a supply curve. sample supply curve which change is illustrated by the shift taking place on…

the graph shows a supply curve. sample supply curve which change is illustrated by the shift taking place on this graph? an increase in demand a decrease in demand an increase in supply a decrease in supply

the graph shows a supply curve. sample supply curve which change is illustrated by the shift taking place on this graph? an increase in demand a decrease in demand an increase in supply a decrease in supply

Answer

Answer:

D. a decrease in supply

Explanation:

Step1: Identify the curves

The original supply - curve is S and the new one is S1.

Step2: Analyze the shift

The supply curve shifts to the left from S to S1.

Step3: Recall supply - shift rules

A left - ward shift of the supply curve indicates a decrease in supply at every price level. When the supply curve shifts to the left, it means that producers are willing to supply less of the good at each price compared to before.