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Figure 13-5A -Figure 13-5A Above Shows That When the Price Moves from Moves

Question 26

Multiple Choice

  Figure 13-5A -Figure 13-5A above shows that when the price moves from $2.00 to $1.50 per unit along the demand curve D<sub>1</sub>,the quantity demanded A)  increases from 3.0 to 4.5 million units per year. B)  decreases from 4.5 to 3.0 million units per year. C)  stays the same. D)  increases from 3.0 to 7.5 million units per year. E)  decreases from 7.5 to 3.0 million units per year. Figure 13-5A
-Figure 13-5A above shows that when the price moves from $2.00 to $1.50 per unit along the demand curve D1,the quantity demanded


A) increases from 3.0 to 4.5 million units per year.
B) decreases from 4.5 to 3.0 million units per year.
C) stays the same.
D) increases from 3.0 to 7.5 million units per year.
E) decreases from 7.5 to 3.0 million units per year.

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