Figure 3-2 shows the shifts in the demand curve for a good. A change from Point A to Point E represents a(n):Figure 3-2

Question

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The shift from Point A to Point E represents a leftward shift of the demand curve, indicating a decrease in demand for the good. This can be seen by the fact that at each given price, consumers are now willing to purchase fewer units of the good, leading to a decrease in quantity demanded.

Figure 3-2 Shows the Shifts in the Demand Curve for a Good