Figure 11-3a
-Figure 11-3a shows shows that when the quantity demanded for Red Baron frozen cheese pizzas moves from 2 to 3 million units along the demand curve D1, the profit
A) increases from $6 to $8 per unit.
B) decreases from $8 to $6 per unit.
C) stays the same per unit.
D) increases from $2 to $3 per unit.
E) impacts cannot be determined. Figure 11-3a does not indicate what happens to profit when the quantity demanded changes.

Question

Figure 11-3a
-Figure 11-3a shows shows that when the quantity demanded for Red Baron frozen cheese pizzas moves from 2 to 3 million units along the demand curve D1, the profit
A) increases from $6 to $8 per unit. 
B) decreases from $8 to $6 per unit. 
C) stays the same per unit. 
D) increases from $2 to $3 per unit. 
E) impacts cannot be determined. Figure 11-3a does not indicate what happens to profit when the quantity demanded changes.

Quizplus · Accepted Answer

The figure does not provide information on profit changes when the quantity demanded changes, so the impact on profit cannot be determined.

Figure 11-3a -Figure 11-3a Shows Shows That When the Quantity Demanded for Demanded