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Figure 3-5 in Figure 3-5, If the Initial Demand

Question 271

Multiple Choice

Figure 3-5 Figure 3-5 In Figure 3-5, if the initial demand for margarine were D<sub>1</sub>, an increase in the price of butter, which is a substitute for margarine, would tend to cause which of the following changes in the market for margarine? A) a shift in the demand curve from D<sub>1</sub> to D<sub>2</sub> B) a shift in the demand curve from D<sub>2</sub> to D<sub>1</sub> C) a movement along demand curve D<sub>1</sub> from a to b D) a movement along demand curve D<sub>1</sub> from b to a In Figure 3-5, if the initial demand for margarine were D1, an increase in the price of butter, which is a substitute for margarine, would tend to cause which of the following changes in the market for margarine?


A) a shift in the demand curve from D1 to D2
B) a shift in the demand curve from D2 to D1
C) a movement along demand curve D1 from a to b
D) a movement along demand curve D1 from b to a

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