Price (dollars per pizza) 0 Figure 3.2.2 D₁ Quantity (thousands of pizzas per week) D₂ Refer to Figure 3.2.2. Which one of the following represents a decrease in quantity demanded? Select one: O a. a shift from D₁ to D2 b. a shift from D₂ to D₁ c. a movement from A to B a movement from B to A none of the above Od.

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter6: Consumer Choices
Section: Chapter Questions
Problem 11RQ: As a general rule, is it safe to assume that a change in the price of a good will always have its...
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Price (dollars per pizza)
0
D₁
Figure 3.2.2
Quantity (thousands of pizzas per week)
D₂
Refer to Figure 3.2.2. Which one of the following represents a decrease in quantity
demanded?
Select one:
O a. a shift from D₁ to D₂
b. a shift from D₂ to D₁
c. a movement from A to B
d. a movement from B to A
none of the above
Transcribed Image Text:Price (dollars per pizza) 0 D₁ Figure 3.2.2 Quantity (thousands of pizzas per week) D₂ Refer to Figure 3.2.2. Which one of the following represents a decrease in quantity demanded? Select one: O a. a shift from D₁ to D₂ b. a shift from D₂ to D₁ c. a movement from A to B d. a movement from B to A none of the above
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