00:01
So let's just grind through all of these.
00:03
We want to increase supply, right? so we want, oh, sorry, quantity has to go up.
00:07
The equilibrium quantity has to go up.
00:10
So a market is a story about quantity and price, demand, and supply.
00:15
And in a, we have supply up.
00:19
So a greater increase in supply is going to generate something like this.
00:26
That looks good to me, right? you see that quantity is clearly increasing.
00:32
So my answer here is a.
00:34
But let's rule out the rest just for completeness.
00:38
B is going to be again, quantity, price, demand, and supply.
00:45
We have supply up and demand down.
00:49
So now supply is increasing and demand is decreasing.
00:54
So here we went from zero to one.
00:58
Here we're going from zero to one.
01:01
And here we have ambiguity because one force is pushing in this way and the other force is pushing the other way, right? it becomes ambiguous which force is bigger, right? because these forces are going in opposite directions.
01:17
So see, we have quantity and price, demand and supply.
01:27
And here we are told about supply is going down and demand is going up...