Solved

Figure 11-3b -In Figure 11-3b Above, the Demand Curve Shifts from D1

Question 332

Multiple Choice

  Figure 11-3b -In Figure 11-3b above, the demand curve shifts from D1 to D2. This most likely represents A)  an increase in demand that did not require a change in price but was the result of a change in one or more demand factors. B)  an increase in demand that required a decrease in price. C)  no change in price and a decrease in demand that results from internal business practice changes. 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. Figure 11-3b
-In Figure 11-3b above, the demand curve shifts from D1 to D2. This most likely represents


A) an increase in demand that did not require a change in price but was the result of a change in one or more demand factors.
B) an increase in demand that required a decrease in price.
C) no change in price and a decrease in demand that results from internal business practice changes.
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:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions