Figure 2-17
-Refer to Figure 2-17.The movement from point B to point C could have been caused by
A)inflation.
B)a change in income.
C)a change in the price of grapes.
D)a change in the cost of producing grapes.

Question

Figure 2-17 
-Refer to Figure 2-17.The movement from point B to point C could have been caused by
A)inflation. 
B)a change in income. 
C)a change in the price of grapes. 
D)a change in the cost of producing grapes.

Quizplus · Accepted Answer

The movement from point B to point C shows an increase in quantity demanded despite no change in price. This could be caused by a change in income, which would shift the demand curve to the right.

Figure 2-17 -Refer to Figure 2-17.The Movement from Point B to Point