What changes occur in the graph of Tina's demand curve as the price of bottled water rises? As the price rises, Tina's quantity demanded as she moves A. increases; up B. increases; down C. decreases; down D. decreases; up O O O along her demand curve.

What changes occur in the graph of Tina's demand curve as the price of bottled water rises? As the price rises, Tina's quantity demanded as she moves A. increases; up B. increases; down C. decreases; down D. decreases; up O O O along her demand curve.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Price (dollars per bottle)
Price
2.50
(dollars
per bottle)
2.00
2.00
1.50
1.50
1.00
1.00
D
D
3
0.50
0.50
0
2
What changes occur in the graph of Tina's demand curve as the price of bottled water rises?
As the price rises, Tina's quantity demanded
as she moves
A. increases; up
B. increases; down
C. decreases; down
D. decreases; up
Quantity
(bottles
per day)
A 0
B 1
C
2
I
A
B
Demand
curve
C
along her demand curve.

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