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Refer to the Graph Showing the Demand for Books

Question 44

Multiple Choice

Refer to the graph showing the demand for books. A movement from point E to point D is caused by: Refer to the graph showing the demand for books. A movement from point E to point D is caused by: A) an increase in the price of books from $12.00 to $16.00. B) a decrease in the price of books from $16.00 to $12.00. C) an increase in consumer income. D) an increase in the price of movies.


A) an increase in the price of books from $12.00 to $16.00.
B) a decrease in the price of books from $16.00 to $12.00.
C) an increase in consumer income.
D) an increase in the price of movies.

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