Figure 4-8 -Refer to Figure 4-8.Suppose the Figure Shows the Market Demand

question 38

Multiple Choice

Figure 4-8
-Refer to Figure 4-8.Suppose the figure shows the market demand for coffee.Suppose the price of tea,a substitute good,increases.Which of the following changes would occur?

• A)a movement along D2 from point A to point B
• B)a movement along D2 from point B to point A
• C)a shift from D1 to D2
• D)a shift from D2 to D1

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Definitions:

Monitor

A monitor is a display device that provides a visual interface for computers, allowing users to view and interact with the operating system and applications.

Keyboard

An input device consisting of a set of individual keys that allows a user to enter data or commands into a computer or other electronic devices.

Printer

A device that transfers text and images from a computer onto paper or other media.

Hardware

The physical components of a computer system, such as the CPU, memory, and input/output devices.