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Figure 11-3a -Figure 11-3a Shows Shows That When the Quantity Demanded for Demanded

Question 300

Multiple Choice

  Figure 11-3a -Figure 11-3a shows shows that when the quantity demanded for Red Baron frozen cheese pizzas moves from 2 to 3 million units along the demand curve D1, the profit A)  increases from $6 to $8 per unit. B)  decreases from $8 to $6 per unit. C)  stays the same per unit. D)  increases from $2 to $3 per unit. E)  impacts cannot be determined. Figure 11-3a does not indicate what happens to profit when the quantity demanded changes. Figure 11-3a
-Figure 11-3a shows shows that when the quantity demanded for Red Baron frozen cheese pizzas moves from 2 to 3 million units along the demand curve D1, the profit


A) increases from $6 to $8 per unit.
B) decreases from $8 to $6 per unit.
C) stays the same per unit.
D) increases from $2 to $3 per unit.
E) impacts cannot be determined. Figure 11-3a does not indicate what happens to profit when the quantity demanded changes.

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