Refer to the above graph with three demand curves. An increase in price, other factors constant, would cause a change from
A) point 4 to point 5.
B) point 3 to point 6.
C) point 1 to point 5.
D) point 2 to point 4.

Question

Refer to the above graph with three demand curves. An increase in price, other factors constant, would cause a change from
A) point 4 to point 5. 
B) point 3 to point 6. 
C) point 1 to point 5. 
D) point 2 to point 4.

Quizplus · Accepted Answer

The Answer of  Refer to the above graph with three demand curves. An increase in price, other factors constant, would cause a change from
A) point 4 to point 5. 
B) point 3 to point 6. 
C) point 1 to point 5. 
D) point 2 to point 4.

Refer to the Above Graph with Three Demand Curves