FIGURE 4-3 -Refer to Figure 4-3. Starting with Initial Curves D₀ and Initial

Multiple Choice

FIGURE 4-3

-Refer to Figure 4-3. Starting with initial curves D₀ and S₀, which movement is consistent with a decrease in the price of cotton (a substitute) ?

A) from Point A to Point D
B) from Point A to Point H
C) from Point A to Point B
D) from Point A to Point F