Figure 11-3a
-Figure 11-3a above shows that when the price for Red Baron frozen cheese pizzas moves from $8 to $6 per unit along the demand curve D1, the quantity demanded
A) increases from 2 to 3 million units per year.
B) decreases from 3 to 2 million units per year.
C) stays the same.
D) increases from 6 to 8 million units per year.
E) decreases from 8 to 6 million units per year.

Question

Figure 11-3a
-Figure 11-3a above shows that when the price for Red Baron frozen cheese pizzas moves from $8 to $6 per unit along the demand curve D1, the quantity demanded
A) increases from 2 to 3 million units per year. 
B) decreases from 3 to 2 million units per year. 
C) stays the same. 
D) increases from 6 to 8 million units per year. 
E) decreases from 8 to 6 million units per year.

Quizplus · Accepted Answer

When the price decreases from $8 to $6, the quantity demanded increases from 2 to 3 million units per year, as per the demand curve D1.

Figure 11-3a -Figure 11-3a Above Shows That When the Price for Red