Graph 4-2 
-Refer to Graph 4-2.If the demand curve shifts from D₁ to D on the graph, this means that:
A) firms are willing to supply less than before
B) people are less willing to buy the product at any price than before
C) people are now more willing to buy the product at any price than before
D) the price of the product has decreased, causing consumers to buy more of the product
Correct Answer:
Verified
Q115: Graph 4-2 Q116: To represent the effect of a price Q117: Which of the following would NOT shift Q118: A market demand is: Q119: Demand for fish is higher in India Q121: The global financial crisis was in part Q122: The relationship between price and quantity supplied Q123: Table 4-1 Q124: If nothing else changes, a rise in Q125: A demand curve:
A)a vertical summation of
A market is represented by
A)can slope upwards or downwards
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