Consider the graph in Figure 3-1. Which of the following best represents an increase in supply? The movement from A to B The movement from A to D The movement from C to B The movement from D to C

Suppose the supply curve increases, based on the model of supply and demand explain what happens to equilibrium price and equilibrium quantity.  Suppose the demand curve decreases, based on the model of supply and demand explain what happens to equilibrium price and equilibrium quantity.

What are the main distinctions between a change in demand and a change in quantity demanded.

Suppose that the table shows the quantity supplied of UGG boots at five different prices in 2020 and in 2021 Refer to the table and note the change in the supply of UGG boots from 2020 to 2021 Which of the following could explain the change in supply observed in 2021? (Check all that apply) A. A decrease in the demand for UGG boots. B. A decrease in the number of sellers C. An increase in the price of a substitute in production. D. A decrease in the price of UGG boots Price $ 160 170 180 190 200 Quantity Supplied 2020 40,000 45,000 50,000 55,000 60,000 Quantity Supplied 2021 30,000 35,000 40,000 45,000 50,000