Figure: Demand Shift in the Figure, the Demand Curve

question 149

Multiple Choice

Figure: Demand Shift In the figure, the demand curve shifted from D₀ to D₁. To describe this movement, we would say that:

• A) demand increased, which caused an increase in supply.
• B) quantity demanded increased, which caused an increase in supply.
• C) demand increased, which caused an increase in quantity supplied.
• D) quantity demanded increased, which caused an increase in quantity supplied.

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Definitions:

Default Judgement

A judgment entered by a court for the plaintiff when the defendant fails to respond to a legal action.

Memorandum of Law

A detailed written document prepared by an attorney to present legal arguments and precedents in support of a case.

Motion to Dismiss

A legal request asking a court to dismiss a case mainly on the grounds that even if all facts claimed are true, there is no legal basis for a lawsuit.

Affidavit

A written statement confirmed by oath or affirmation, used as evidence in court.