Figure 13-5B -Figure 13-5B above shows that when the quantity demanded moves from 3.0 to 6.0 million units along the demand curve D₁,the profit A) increases from $1.50 to $2.00 per unit. B) decreases from $2.00 to $1.50 per unit. C) stays the same per unit. D) increases from $0.50 to $1.50 per unit. E) Figure 13-5B does not indicate what happens to profit when the quantity demanded moves.

Question

Quizplus · Accepted Answer

The figure does not provide information on profit changes as it only shows the demand curve and quantity changes, not profit data.

Figure 13-5B -Figure 13-5B Above Shows That When the Quantity Demanded Moves