Refer to the diagram. The budget line shift that moves the consumer's equilibrium position from point A to point B suggests
A)an increase in the quantity of Y demanded.
B)a decrease in the quantity of Y demanded.
C)a leftward shift in the demand curve for Y.
D)a rightward shift in the demand curve for Y.

Question

Refer to the diagram. The budget line shift that moves the consumer's equilibrium position from point A to point B suggests
A)an increase in the quantity of Y demanded. 
B)a decrease in the quantity of Y demanded. 
C)a leftward shift in the demand curve for Y. 
D)a rightward shift in the demand curve for Y.

Quizplus · Accepted Answer

The Answer of  Refer to the diagram. The budget line shift that moves the consumer's equilibrium position from point A to point B suggests
A)an increase in the quantity of Y demanded. 
B)a decrease in the quantity of Y demanded. 
C)a leftward shift in the demand curve for Y. 
D)a rightward shift in the demand curve for Y.

Refer to the Diagram