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Use the Following to Answer Questions

Question 1

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Use the following to answer questions :
Figure: Demand and Supply of Shirts Use the following to answer questions : Figure: Demand and Supply of Shirts   -(Figure: Demand and Supply of Shirts)  Look at the figure Demand and Supply of Shirts. In the graph, if the line labeled D shows how many shirts per week will be demanded at various prices, then it is clear that as the price of shirts falls: A) fewer shirts will be demanded. B) more shirts will be demanded. C) the same quantity of shirts will be demanded. D) it is unclear what will happen to the demand for shirts.
-(Figure: Demand and Supply of Shirts) Look at the figure Demand and Supply of Shirts. In the graph, if the line labeled D shows how many shirts per week will be demanded at various prices, then it is clear that as the price of shirts falls:


A) fewer shirts will be demanded.
B) more shirts will be demanded.
C) the same quantity of shirts will be demanded.
D) it is unclear what will happen to the demand for shirts.

Correct Answer:

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