Question

Which of the following may occur as a result of an increase in the price of cell phones?
a. increase in supply
b. increase in quantity supplied
c. decrease in supply
d. decrease in quantity supplied

Answer 1

I think its either b or c...

Answer 2

Also, if its okay I need help with this too:
Use the above graph to answer the following question.

Which situation could cause the market for books to shift from line 1 to line 2?
a. an increase in the price of books
b. a fire that destroys the paper factories
c. a decrease in the price of book binding glue
d. a celebrity commercial encouraging reading

Answer 3

anyone there?