(Figure: Interpreting Demand Curves) In the demand curve shown, an increase in price from $1 to $2 will

Question

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According to the demand curve shown, an increase in price from $1 to $2 will result in a decrease in quantity demanded from 30 to 20 units. This is because as the price increases, the quantity demanded generally decreases, creating a negative slope on the demand curve. Thus, choice B is the correct answer. Choices A, C, and D are incorrect.

(Figure: Interpreting Demand Curves) in the Demand Curve Shown, an Increase