shift of the demand curve from D₁ to D₂in Figure 13-5B above indicates A) fewer units are demanded at a given price. B) more units are demanded at a given price. C) the price has decreased. D) the price has increased. E) there is not enough information given to indicate what happened.

Question

Quizplus · Accepted Answer

The shift of the demand curve to the right from D₁ to D₂ indicates that at each price level, consumers are willing to buy more units, resulting in an increase in demand. Thus, the answer is option B.

Shift of the Demand Curve from D1 to D2 in

Shift of the Demand Curve from D₁ to D₂in