Figure 3-1 -Refer to Figure 3-1.An increase in the price of a complement would be represented by a movement from A)A to B. B)B to A. C)D₁ to D₂. D)D₂to D₁.

Name: Figure 3-1 -Refer to Figure 3-1.An increase in the price of a complement would be represented by a movement from A)A to B. B)B to A. C)D 1 to D 2 . D)D 2 to D 1 .
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Question

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An increase in the price of a complement would decrease the demand for the good, shifting the demand curve from D₂ to D₁.

Figure 3-1 -Refer to Figure 3-1.An Increase in the Price of a Price