Multiple Choice
Figure 13-4B
-In Figure 13-4B above, the demand curve shifts from D2to D3(B) . This most likely represents
A) an increase in demand resulting from competitor or consumer changes.
B) an increase in demand that required a decrease in price.
C) no change in price and no change in demand.
D) no change in demand or price but a greater profit due to economies of scale.
E) a decrease in price from $8 to $6 per unit.
Correct Answer:

Verified
Correct Answer:
Verified
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