$$\begin{array} { | c | c | c | c | c | }
\hline ( 1 ) & ( 2 ) & ( 3 ) & ( 4 ) & ( 5 ) \
Q _ { d } & Q _ { d } & \text { Price } & Q _ { S } & Q _ { S } \
\hline 50 & 40 & \$ 10 & 70 & 80 \
\hline 60 & 50 & 9 & 60 & 70 \
\hline 80 & 60 & 8 & 50 & 60 \
\hline 90 & 70 & 7 & 40 & 50 \
\hline 100 & 80 & 6 & 30 & 40 \
\hline
\end{array}$$ Refer to the table. In relation to column (3), a change from column (1) to column (2) would mostly likely be caused by

Question

$$\begin{array} { | c | c | c | c | c | } 
\hline ( 1 ) & ( 2 ) & ( 3 ) & ( 4 ) & ( 5 ) \
Q _ { d } & Q _ { d } & \text { Price } & Q _ { S } & Q _ { S } \
\hline 50 & 40 & \$ 10 & 70 & 80 \
\hline 60 & 50 & 9 & 60 & 70 \
\hline 80 & 60 & 8 & 50 & 60 \
\hline 90 & 70 & 7 & 40 & 50 \
\hline 100 & 80 & 6 & 30 & 40 \
\hline
\end{array}$$ Refer to the table. In relation to column (3), a change from column (1) to column (2) would mostly likely be caused by

Quizplus · Accepted Answer

When the quantity demanded decreases while the price remains the same, it indicates that there is a reduced taste for the good. The increase in price has caused some consumers to no longer be willing to purchase the good at the same quantity as before.

Refer to the Table