Figure 4-12
The diagram below pertains to the demand for turkey in the United States.
-Refer to Figure 4-12.All else equal,the approach of Thanksgiving would cause a move

Question

Figure 4-12
The diagram below pertains to the demand for turkey in the United States. 
-Refer to Figure 4-12.All else equal,the approach of Thanksgiving would cause a move

Quizplus · Accepted Answer

The approach of Thanksgiving will increase the demand for turkey, causing a rightward shift of the demand curve from DS1 to DS2. This will result in an increase in both price and quantity demanded, as shown by the movement from point U1B1 to U1B2. The supply curve remains unchanged, leading to a new equilibrium point at S1U1B2. Therefore, the move would be from DS1U1B1BS1U1B0 to DS2U1B2BS1U1B0, option B.

Figure 4-12 the Diagram Below Pertains to the Demand for Turkey in Turkey