Graph #1 Graph #2
Price
B
Quantity
Quantity
Graph
shows the law of supply.
Graph
shows a change in supply.
Graph
shows a change in quantity supplied.
Graph
is moving up/down due to changes in price.
Graph
is shifting right/left due to changes in nonprice factors.
Graph
and arrow
would show a supply increase because input costs decrease
Graph
and arrow
would show a decrease in quantity supplied due to a price d
Graph
and arrow
would show a decrease in supply.
Graph
and arrow
would show an increase in quantity supplied.