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-Figure 3-1 Shows the Market Demand Schedule for Compact Disks

Question 31

Multiple Choice

 Fieure 3-1  Price  Quantity  per CD  Demanded $105.[ Millian $113.5 Millian $122.8 Millian $132.3 Millian $14 2.[ Millian \begin{array} { | c c } \hline & \text { Fieure 3-1 } \\\hline \text { Price } & \text { Quantity } \\\text { per CD } & \text { Demanded } \\\hline \$ 10 & 5 . [ \text { Millian } \\\$ 11 & 3.5 \text { Millian } \\\$ 12 & 2.8 \text { Millian } \\\$ 13 & 2.3 \text { Millian } \\\$ 14 & \text { 2.[ Millian } \\\hline\end{array}
-Figure 3-1 shows the market demand schedule for compact disks.If the price per disk rises from $10 to $12,the


A) demand will decrease by 2.2 million disks
B) quantity demanded will decrease by 2.2 million disks
C) supply will rise by 2.8 million disks
D) quantity demanded will decrease by 3.5 million disks
E) demand curve will shift to the left

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