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Use the Figure Below to Answer the Following Question(s)

Question 26

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Use the figure below to answer the following question(s) .
Figure 3-3
Use the figure below to answer the following question(s) . Figure 3-3 In Figure 3-3, if the initial demand for margarine were D <sub>1</sub>, the impact of an increase in the price of margarine from $0.35 to $0.40 per pound on consumer purchases would be illustrated as A) a shift in the demand curve to D <sub>2</sub>. B) a shift in the demand curve to D <sub>3</sub>. C) a movement upward to the left along the original demand curve D <sub>1</sub>. D) none of the above.
In Figure 3-3, if the initial demand for margarine were D 1, the impact of an increase in the price of margarine from $0.35 to $0.40 per pound on consumer purchases would be illustrated as


A) a shift in the demand curve to D 2.
B) a shift in the demand curve to D 3.
C) a movement upward to the left along the original demand curve D 1.
D) none of the above.

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