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Figure 4-6 -Refer to the Figure 4-6. What Happens If the Demand

Question 233

Multiple Choice

Figure 4-6
Figure 4-6 -Refer to the Figure 4-6. What happens if the demand curve shifts from D₁ To D? A) Firms would be willing to supply less than before. B) People are less willing to buy the product at any price than before. C) People are now more willing to buy the product at any price than before. D) The price of the product has decreased, causing consumers to buy more of the product.
-Refer to the Figure 4-6. What happens if the demand curve shifts from D₁
To D?

A) Firms would be willing to supply less than before.
B) People are less willing to buy the product at any price than before.
C) People are now more willing to buy the product at any price than before.
D) The price of the product has decreased, causing consumers to buy more of the product.

Correct Answer: