Refer to the above graph with three demand curves. A "decrease in demand" would be illustrated as a change from
A) point 1 to point 4.
B) point 1 to point 3.
C) line C to B.
D) line A to C.

Question

Refer to the above graph with three demand curves. A "decrease in demand" would be illustrated as a change from
A) point 1 to point 4. 
B) point 1 to point 3. 
C) line C to B. 
D) line A to C.

Quizplus · Accepted Answer

The Answer of  Refer to the above graph with three demand curves. A "decrease in demand" would be illustrated as a change from
A) point 1 to point 4. 
B) point 1 to point 3. 
C) line C to B. 
D) line A to C.

Refer to the Above Graph with Three Demand Curves