Figure 2-13
-Refer to Figure 2-13.The movement from point B to point C is a(n)

Name: Figure 2-13 -Refer to Figure 2-13.The movement from point B to point C is a(n)
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Question

Figure 2-13 
-Refer to Figure 2-13.The movement from point B to point C is a(n)

Quizplus · Accepted Answer

The movement from point B to point C is a shift of the demand curve because the entire curve has moved to the right. This indicates that the demand for roses has increased, which could be due to a change in consumer preferences, a change in the price of a substitute good, or a change in consumer income.

Figure 2-13 -Refer to Figure 2-13.The Movement from Point B to Point