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Refer to the Graphs

Question 221

Multiple Choice

Refer to the graphs. Which of the following best represents a negative demand shock when prices are inflexible? A) the shift from D2 to D3 in graph B B) the shift from D2 to D3 in graph A C) the shift from D2 to D1 in graph B D) the shift from D2 to D1 in graph A Refer to the graphs. Which of the following best represents a negative demand shock when prices are inflexible?


A) the shift from D2 to D3 in graph B
B) the shift from D2 to D3 in graph A
C) the shift from D2 to D1 in graph B
D) the shift from D2 to D1 in graph A

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