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Question 3 2 pts S S2 S1 S1 S2 B SI S2 Graph 1 Graph 2 Graph 3 Graph 4 Problem 1 c: Supply Graphs:

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Question 3 2 pts S S2 S1 S1 S2 B SI S2 Graph 1 Graph 2 Graph 3 Graph 4 Problem 1 c: Supply Graphs: Which of the graphs shown above correctly illustrates the effect on supply if there is a technological change which lowers the cost of producing this good? Graph 1 Graph 2 Graph 3 O Graph 4

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