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Figure 4.6 -Figure 4.6 Illustrates a Set of Supply and Demand Curves

Question 221

Multiple Choice

Figure 4.6 -Figure 4.6 illustrates a set of supply and demand curves for a product.When the economy moves from point B to point C,there has been A) a decrease in supply and a decrease in demand. B) a decrease in supply and a decrease in quantity demanded. C) a decrease in quantity supplied and a decrease in demand. D) a decrease in quantity supplied and a decrease in quantity demanded.
Figure 4.6
-Figure 4.6 illustrates a set of supply and demand curves for a product.When the economy moves from point B to point C,there has been


A) a decrease in supply and a decrease in demand.
B) a decrease in supply and a decrease in quantity demanded.
C) a decrease in quantity supplied and a decrease in demand.
D) a decrease in quantity supplied and a decrease in quantity demanded.

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