Question: ( 0 1 . 0 5 HC ) Graph shows an upward - sloping line labeled S 1 . Another upward - sloping line, labeled

(01.05 HC)
Graph shows an upward-sloping line labeled S1. Another upward-sloping line, labeled S2, appears to the left of S1. A third upward-sloping line, labeled S3, appears to the right of S1.
Which of the following could explain the sequence shown above?
Question 5Select one:
a.
Suppliers expect demand for Z is about to go up and then learn that they are wrong.
b.
Suppliers shift to the production of another good instead of Z, and then consumer tastes shift toward a greater preference for Z.
c.
Resource costs go up for making Z, which causes a number of suppliers to leave the market.
d.
Suppliers raise the price for Z and then realize they overestimated demand and lower the price much more.
e.
Suppliers lose a subsidy that the government had been giving, and then the cost of an input for Z decreases by more than the value of the subsidy.

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