Graph 18-2
-Refer to Graph 18-2.If the price of apples increases, the:

Name: Graph 18-2 -Refer to Graph 18-2.If the price of apples increases, the:
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Question

Graph 18-2 
-Refer to Graph 18-2.If the price of apples increases, the:

Quizplus · Accepted Answer

If the price of apples increases, the quantity demanded will decrease, causing the demand curve to shift down. This means that at any given price level, consumers will demand fewer apples. Therefore, the demand curve will shift up because consumers are willing to pay more for the same amount of apples.

Graph 18-2 -Refer to Graph 18-2.If the Price of Apples Increases, The