dolution

dolution.

What happens to the quantity of smartphones supplied and the supply of smartphones if the price of a smartphone rises? 450- Draw a supply curve of smartphones. Label it. 400- Use any prices and quantities you wish but make your supply curve obey the law of supply. 350- 300- Then draw an arrow to indicate what happens to the quantity of smartphones supplied when the price of a smartphone rises. 250- 200- A rise in the price of a smartphone supply. the quantity supplied and 150- 100- O A. increases; does not change 50- B. does not change; does not change 0- 2 4 C. increases; increases Quantity (millions of smartphones per year) O D. does not change; increases >>> Draw only the objects specified in the question.

dolution

 
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