28 S1 24 S2 20 16 12 8. 4. D2 D1 0 4 8 12 16 24 Q 20

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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28
S1
24
S2
20
16
平 平
12
D2
D1
4 8
12
16
20
24 Q
14. A possible explanation for a change in demand from D2 to D1 is
8.
Transcribed Image Text:28 S1 24 S2 20 16 平 平 12 D2 D1 4 8 12 16 20 24 Q 14. A possible explanation for a change in demand from D2 to D1 is 8.
14. A possible explanation for a change in demand from D2 to D1 is
an decrease in the price of a substitute good.
an improvement in technology.
an increase in wages.
a decrease in supply.
none of the above.
Transcribed Image Text:14. A possible explanation for a change in demand from D2 to D1 is an decrease in the price of a substitute good. an improvement in technology. an increase in wages. a decrease in supply. none of the above.
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