Multiple Choice
The graph below shows the supply and demand for tickets to a Raptors basketball game.
-Refer to the graph above to answer this question.Which of the following statements is correct regarding the change in the demand curve from D1 to D2?
A) Demand has decreased by 7,500.
B) Demand has increased by 7,500.
C) Demand has decreased by 20.
D) Demand has increased by 20.
E) None of the choices are correct.
Correct Answer:
Verified
Correct Answer:
Verified
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