Exhibit 4-9
-Exhibit 4-9 shows a demand curve for dog ownership.If your local government passes an anti-dog-litter law that raises the personal cost of owning a dog from C to C',the quantity of dogs demanded will

Question

Exhibit 4-9 
-Exhibit 4-9 shows a demand curve for dog ownership.If your local government passes an anti-dog-litter law that raises the personal cost of owning a dog from C to C',the quantity of dogs demanded will

Quizplus · Accepted Answer

The anti-dog-litter law raises the personal cost of owning a dog, which will lead to a decrease in the quantity of dogs demanded. This is shown by a leftward shift of the demand curve from D to D'. Therefore, the best choice is C, decrease. The answer can be determined without exact numbers for analysis as the change in personal cost will always affect the demand for any product or service.

Exhibit 4-9 -Exhibit 4-9 Shows a Demand Curve for Dog Ownership.If Your