Question: B I S A E 1. How does input cost affect supply? FIGURES 5.11 AND 5.12 SHIFTS IN SUPPLY FIGURE 5.11 DECREASE IN SUPPLY FIGURE

B I S A E 1. How does input cost affect supply? FIGURES 5.11 AND 5.12 SHIFTS IN SUPPLY FIGURE 5.11 DECREASE IN SUPPLY FIGURE 5.12 INCREASE IN SUPPLY When a change in 5 supply occurs, the supply curve shifts 4 a As Figure 5.11 shows, a shift to the left ($2) indicates a w 3 decrease in supply. Price per nutrition bar (in dollars) Price per nutrition bar (in dollars) b As Figure 5.12 N 2 shows, a shift to the right ($3) indicates an increase in supply. O 0 10 20 30 40 50 60 10 20 30 40 50 60 Quantity supplied of nutrition bars Qu ty supplied of nutrition bars ANALYZE GRAPHS 1. In Figure 5.11, how has the supply of nutrition bars changed at every price? 2. In Figure 5.12, how has the supply of nutrition bars changed at every price? actors Affecting Supply and Causing a shift in Supply

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