Another Microeconomics Question, please help... Thanks!!?

Use the graph to answer the question. Which of the following best explains the graph? ( Hint: The answer is NOT c ). a) Demand decreases and causes producers to supply less of the product. b) The cost of producing the product goes up and causes their prices to rise. c) The number of sellers increases and causes... show more Use the graph to answer the question.

Which of the following best explains the graph? ( Hint: The answer is NOT c ).

a) Demand decreases and causes producers to supply less of the product.

b) The cost of producing the product goes up and causes their prices to rise.

c) The number of sellers increases and causes the price of the product to rise.

d) Consumers decide to buy less of the product so the price of the product goes up.
2 answers 2