Exhibit 3-9
Refer to Exhibit 3-9. A large number of immigrants who love to consume X enter the country. An economist would expect a movement in the market for X from

Question

Exhibit 3-9 Exhibit 3-9 Refer to Exhibit 3-9. A large number of immigrants who love to consume X enter the country. An economist would expect a movement in the market for X from A) S1 to S2. B) D2 to D1. C) D1 to D2. D) S2 to S1.

Exhibit 3-9 Refer to Exhibit 3-9. A large number of immigrants who love to consume X enter the country. An economist would expect a movement in the market for X from A) S<sub>1</sub> to S<sub>2</sub>. B) D<sub>2</sub> to D<sub>1</sub>. C) D<sub>1</sub> to D<sub>2</sub>. D) S<sub>2</sub> to S<sub>1</sub>.

Refer to Exhibit 3-9. A large number of immigrants who love to consume X enter the country. An economist would expect a movement in the market for X from

Quizplus · Accepted Answer

With a large number of immigrants who love to consume X entering the country, it can be expected that there will be an increase in demand for X, resulting in a shift in the demand curve from D₁ to D₂. The supply curve is not affected by this change in demand, so there is no movement along the supply curve. This shift in demand causes an increase in both the equilibrium price and quantity of X, from point B11 to point B12 on the supply curve. Therefore, the correct answer is C.

Exhibit 3-9 Refer to Exhibit 3-9. a Large Number of Immigrants Who