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Exhibit 3-4 -Refer to Exhibit 3-4. If S1 and D1 Are the D1

Question 138

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Exhibit 3-4 Exhibit 3-4   -Refer to Exhibit 3-4. If S<sub>1</sub> and D<sub>1</sub> are the original supply and demand curves and, ceteris paribus, demand shifts to D<sub>2</sub>, A) the quantity supplied increases from Q<sub>3</sub> to Q<sub>4</sub>. B) the quantity supplied increases from Q<sub>2</sub> to Q<sub>3</sub>. C) supply decreases from Q<sub>3</sub> to Q<sub>2</sub>. D) the quantity supplied increases from Q<sub>2</sub> to Q<sub>4</sub>. E) the quantity demanded increases from Q<sub>3</sub> to Q<sub>2</sub>.
-Refer to Exhibit 3-4. If S1 and D1 are the original supply and demand curves and, ceteris paribus, demand shifts to D2,


A) the quantity supplied increases from Q3 to Q4.
B) the quantity supplied increases from Q2 to Q3.
C) supply decreases from Q3 to Q2.
D) the quantity supplied increases from Q2 to Q4.
E) the quantity demanded increases from Q3 to Q2.

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