The following figure shows the demand curves for baby formula.Which of the following changes is likely to happen if the price of baby formula increases?
A) A shift in the demand curve from D1 to D2
B) A movement along demand curve D1 from point a to point b
C) A shift in the demand curve from D2 to D1
D) A movement along the demand curve D2 from point d to point c
E) A movement from point b on the demand curve D1 to point c on the demand curve D2
Correct Answer:
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