Multiple Choice
Use the figure below to answer the following questions.
Figure 3.2.2
-Which one of the following would result in the demand curve shifting from D₁ to D₂ in Figure 3.2.2?
A) an increase in the supply of pizza
B) a rise in the price of hamburgers, a substitute for pizza
C) a rise in the price of pizza
D) a fall in the price of pizza
E) a rise in the price of Coke, a complement of pizza
Correct Answer:
Verified
Correct Answer:
Verified
Q30: If demand increases and supply decreases,then the<br>A)equilibrium
Q86: A decrease in quantity demanded is represented
Q93: Use the figure below to answer the
Q103: Use the table below to answer the
Q116: Use the information below to answer the
Q131: A decrease in the quantity supplied of
Q134: A shift of the supply curve for
Q139: Suppose the price of a football is
Q140: Which market is an example of a
Q181: A turnip is an inferior good if<br>A)an