The movement from point B to point C in Figure 14-3 above shows
A)an increased demand for the product at a lower price.
B)derived demand.
C)that buyers see the product as a bargain and buy more.
D)that buyers become dubious about the quality and prestige and buy less.
E)a downturn in the economy.

Question

Quizplus · Accepted Answer

The Answer of The movement from point B to point C in Figure 14-3 above shows
A)an increased demand for the product at a lower price.
B)derived demand.
C)that buyers see the product as a bargain and buy more.
D)that buyers become dubious about the quality and prestige and buy less.
E)a downturn in the economy.

The Movement from Point B to Point C in Figure