Figure 11-3b
-Figure 11-3b above shows that when the quantity demanded for Red Baron frozen cheese pizzas moves from 2 to 3 million units from the demand curve D1 to the demand curve D2, the profit
A) impacts cannot be determined. Figure 11-3b does not indicate what happens to profit when the quantity demanded changes.
B) increases from $2 to $3 per unit.
C) stays the same per unit.
D) increases from $6 to $8 per unit.
E) decreases from $8 to $6 per unit.

Question

Figure 11-3b
-Figure 11-3b above shows that when the quantity demanded for Red Baron frozen cheese pizzas moves from 2 to 3 million units from the demand curve D1 to the demand curve D2, the profit
A) impacts cannot be determined. Figure 11-3b does not indicate what happens to profit when the quantity demanded changes. 
B) increases from $2 to $3 per unit. 
C) stays the same per unit. 
D) increases from $6 to $8 per unit. 
E) decreases from $8 to $6 per unit.

Quizplus · Accepted Answer

The figure does not provide information on profit changes, only on quantity demanded changes.

Figure 11-3b -Figure 11-3b Above Shows That When the Quantity Demanded for Demanded