Multiple Choice
Figure 4-3 
-Refer to Figure 4-3.If the demand curve shifts from D to D',then
A) firms would be willing to supply less of the good than before at each possible price.
B) people are willing to buy less of the good than before at each possible price.
C) people's incomes evidently have decreased.
D) the price of the product has increased,causing consumers to buy less of the product.
Correct Answer:
Verified
Related Questions
Q57: The sum of all the individual supply
Q104: Ford Motor Company announces that next month
Q127: Which of the following does not affect
Q216: If the number of buyers in a