The figure above shows the demand for fruit snacks. Which movement reflects an increase in the price of a substitute for fruit snacks? A) from point a to point e B) from point a to point b C) from point a to point c D) from point a to point d Answer: D

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter4: Demand, Supply, And Market Equilibrium
Section: Chapter Questions
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The figure above shows the demand for fruit snacks. Which movement reflects an increase in the price of a substitute for fruit snacks? A) from point a to point e B) from point a to point b C) from point a to point c D) from point a to point d Answer: D
A)
B) tee-shirts will increase that is, the demand curve will shift rightward.
C)sweatshirts will decrease that is, the demand curve will shift leftward.
D)tee-shirts will decrease that is, the demand curve will shift leftward
Answer: D
D3
D2
D1
Quantity (fruit snacks)
The figure aboveshows the demand for fruit snacks. Which movement
e (reflectsan increase in demand?
A) from point a to point e
B) from point a to point b
C) from point a to point c
D from point a to point d
12.
The figure above shows the demand for fruit snacks. Which movement
reflects a decrease in demand?
A) from point a to point e
B) from point a to point b
Cy from point a to point c
D) from point a to point d
13.
The figure above shows the demand
reflects a decrease in quantity demanded but NOT a decrease in demand?
O from point a to pointe
14.
fruit snacks. Which movement
Price (dollars per fruit snack)
Transcribed Image Text:A) B) tee-shirts will increase that is, the demand curve will shift rightward. C)sweatshirts will decrease that is, the demand curve will shift leftward. D)tee-shirts will decrease that is, the demand curve will shift leftward Answer: D D3 D2 D1 Quantity (fruit snacks) The figure aboveshows the demand for fruit snacks. Which movement e (reflectsan increase in demand? A) from point a to point e B) from point a to point b C) from point a to point c D from point a to point d 12. The figure above shows the demand for fruit snacks. Which movement reflects a decrease in demand? A) from point a to point e B) from point a to point b Cy from point a to point c D) from point a to point d 13. The figure above shows the demand reflects a decrease in quantity demanded but NOT a decrease in demand? O from point a to pointe 14. fruit snacks. Which movement Price (dollars per fruit snack)
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