Figure 21-22

-Refer to Figure 21-22.When the price of X is $80,the price of Y is $20,and the consumer's income is $160,the consumer's optimal choice is D.Then the price of X decreases to $20.The demand curve can be illustrated as the movement from
A) D to E.
B) D to C.
C) C to E.
D) E to D.

Question

Figure 21-22
 
-Refer to Figure 21-22.When the price of X is $80,the price of Y is $20,and the consumer's income is $160,the consumer's optimal choice is D.Then the price of X decreases to $20.The demand curve can be illustrated as the movement from
A) D to E. 
B) D to C. 
C) C to E. 
D) E to D.

Quizplus · Accepted Answer

When the price of X decreases from $80 to $20, the consumer can afford more of X, leading to a new optimal choice. The movement from D to E on the demand curve illustrates this change in quantity demanded due to the price decrease.

Figure 21-22 -Refer to Figure 21-22.When the Price of X Is $80,the