Refer to the information provided in Figure 3.7 below to answer the following questions.
Figure 3.7
-Refer to Figure 3.7. A movement from Point C to Point B on demand curve D2 would be caused by a(n)
A) decrease in income, assuming pizza is a normal good.
B) decrease in the price of hamburgers, assuming that pizza and hamburgers are substitutes.
C) decrease in the price of pizza.
D) increase in the price of pizza.
Correct Answer:
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