-In the Above Figure, If the Demand Curve Is D₂

question 162

Multiple Choice

-In the above figure, if the demand curve is D₂, then

• A) an increase in price will shift the demand curve to D₃.
• B) there will be a shortage equal to Q₂ - Q₁.
• C) the equilibrium price will be P₁ and the equilibrium quantity will be Q₁.
• D) the equilibrium price will be P₁ and the equilibrium quantity will be Q₂.

---

Definitions:

Heredity

Heredity is the passing on of physical or mental characteristics genetically from one generation to another.

Obesity

A medical condition characterized by excessive body fat that increases the risk of health problems.

Healthy People 2020

A set of health objectives for the United States to achieve by the year 2020, aiming to improve the health and well-being of all citizens.

Smoking Cessation

The process of quitting smoking, involving strategies and supports to overcome nicotine addiction and improve health.