-Which panel in Figure 6-2 shows the effect of an increase in the price of oranges,other things constant?
A)panel a
B)panel b
C)panel c
D)panel d
E)panel e

Question

-Which panel in Figure 6-2 shows the effect of an increase in the price of oranges,other things constant?
A)panel a 
B)panel b 
C)panel c 
D)panel d 
E)panel e

Quizplus · Accepted Answer

An increase in the price of oranges, holding other factors constant, would typically result in a movement along the demand curve, leading to a decrease in the quantity demanded. Panel C likely illustrates this effect.

-Which Panel in Figure 6-2 Shows the Effect of an Increase