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    Exam 4: Demand, Supply, and Markets
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    Exhibit 4-2 -Refer to the Exhibit.Which of the Following Would Be Caused
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Exhibit 4-2 -Refer to the Exhibit.Which of the Following Would Be Caused

Question 38

Question 38

Multiple Choice

Exhibit 4-2
Exhibit 4-2    -Refer to the exhibit.Which of the following would be caused by an increase in the price of baby formula?   A)  a demand shift from D₁ to D₂  B)  a move from a to b on demand curve D₁  C)  a demand shift from D₂ to D₁  D)  a move from d to c on demand curve D₂
-Refer to the exhibit.Which of the following would be caused by an increase in the price of baby formula?  


A)  a demand shift from D₁ to D₂ 
B)  a move from a to b on demand curve D₁ 
C)  a demand shift from D₂ to D₁ 
D)  a move from d to c on demand curve D₂

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