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    Exhibit 3-2  Demand Curves in Exhibit 3-2, the Shift in the Demand
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Exhibit 3-2  Demand Curves in Exhibit 3-2, the Shift in the Demand

Question 125

Question 125

Multiple Choice

Exhibit 3-2  Demand curves Exhibit 3-2  Demand curves   In Exhibit 3-2, the shift in the demand curve from D<sub>1</sub> to D<sub>2</sub> could have been caused by which of the following? A)  Decrease in price. B)  Increase in expected future prices. C)  Increase in the price of a complement. D)  Decrease in income if it is a normal good. In Exhibit 3-2, the shift in the demand curve from D1 to D2 could have been caused by which of the following?


A) Decrease in price.
B) Increase in expected future prices.
C) Increase in the price of a complement.
D) Decrease in income if it is a normal good.

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