With price on the vertical axis and quantity on the horizontal axis, economists would draw an increase in supply as

External benefits are the extra

A) benefits a consumer gets from consuming a good. B) costs a producer creates in producing a good. C) benefits that accrue to people other than the consumers. D) costs a producer bears for producing a polluting good. E) benefits a producer obtains for reducing production of a polluting good.

The Case in Point on campus parking suggested that giving students lower fares for taking public transportation was what kind of factor in the demand for parking spaces?

A) supply shifter B) demand shifter C) false prophet D) spoiler