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-Refer to the Above Graph to Answer This Question

Question 122

Multiple Choice

  -Refer to the above graph to answer this question.How could you describe the movement from point D to point A? A) A decrease in supply which leads to an increase in the equilibrium price and a decrease in demand. B) A decrease in supply which leads to an increase in the equilibrium price and a decrease in quantity demanded. C) A decrease in demand which leads to an increase in the equilibrium price and a decrease in the quantity supplied. D) A decrease in demand which leads to an increase in the equilibrium price and a decrease in supply. E) A decrease in supply which leads to a decrease in the equilibrium price a decrease in demand.
-Refer to the above graph to answer this question.How could you describe the movement from point D to point A?


A) A decrease in supply which leads to an increase in the equilibrium price and a decrease in demand.
B) A decrease in supply which leads to an increase in the equilibrium price and a decrease in quantity demanded.
C) A decrease in demand which leads to an increase in the equilibrium price and a decrease in the quantity supplied.
D) A decrease in demand which leads to an increase in the equilibrium price and a decrease in supply.
E) A decrease in supply which leads to a decrease in the equilibrium price a decrease in demand.

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