Use the graph to answer the question that follows.

Which of the following could cause movement from point B to point A?
1.) Fewer workers are needed to manufacture the product.
2.) Two other companies open that manufacture the same product.
3.) The price that companies can charge for the product decreases.
4.) New technologies make manufacturing the product more efficient.

Use the graph to answer the question that follows Which of the following could cause movement from point B to point A 1 Fewer workers are needed to manufacture class=

Respuesta :

The movement from point B to point A is due to the price that companies can charge for the product decreases. Therefore the 3rd option is correct.

What is supply?

Supply is the economic concept which refers to the availability of the products and commodities in the market in order to satisfy the needs of the consumers.

According to the Graph, The prices of the commodity is decreased from $20 to $5 and output is also decreased from 200 units to 100 units which implies the decrease in the prices of the product which further implies the decrease in the level of supply.

Therefore the 3rd option is correct.

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