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Refer to the Accompanying Figure

Question 3

Multiple Choice

Refer to the accompanying figure. Moving from demand curve D2 to demand curve D1 could be caused by a(n) : Refer to the accompanying figure. Moving from demand curve D2 to demand curve D1 could be caused by a(n) : A) increase in the product's expected future price. B) increase in quantity supplied. C) increase in the price of a substitute. D) increase in the price of a complement.


A) increase in the product's expected future price.
B) increase in quantity supplied.
C) increase in the price of a substitute.
D) increase in the price of a complement.

Correct Answer:

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