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Refer to the Graphs Above

Question 65

Multiple Choice

Refer to the graphs above. Which of the following best represents negative demand shock when prices are inflexible? A) The shift from D<sub>2</sub> to D<sub>3</sub> in graph B B) The shift from D<sub>2</sub> to D<sub>3</sub> in graph A C) The shift from D<sub>2</sub> to D<sub>1</sub> in graph B D) The shift from D<sub>2</sub> to D<sub>1</sub> in graph A Refer to the graphs above. Which of the following best represents negative demand shock when prices are inflexible?


A) The shift from D2 to D3 in graph B
B) The shift from D2 to D3 in graph A
C) The shift from D2 to D1 in graph B
D) The shift from D2 to D1 in graph A

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