Exhibit 4-2 -Refer to Exhibit 4-2. Using the graph and beginning on D₁, a shift to D₀ would indicate a(n): A)increase in demand. B)decrease in demand. C)increase in quantity demanded. D)decrease in quantity demanded.

Question

Quizplus · Accepted Answer

Moving from D₁ to D₀ shows a decrease in quantity demanded, but since this is caused by a movement along the same demand curve, it does not indicate a change in demand. Therefore, the correct answer is B, a decrease in quantity demanded.

Exhibit 4-2 -Refer to Exhibit 4-2. Using the Graph and Beginning on and Beginning