Figure 2-17 -Refer to Figure 2-17.The Movement from Point a to Point

question 11

Multiple Choice

Figure 2-17
-Refer to Figure 2-17.The movement from point A to point B is a(n)

• A)shift of the demand curve.
• B)indication of a change in preferences for grapes.
• C)movement along the demand curve.
• D)indication of an increase in income.

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Definitions:

Writing

The activity or skill of marking coherent words on paper and composing text.

Agreement

A mutual arrangement, contract, or understanding between two or more parties, usually legally binding.

Undisclosed Principal

A person who remains unknown to a third party while being represented by an agent in a transaction or agreement.

Disclosed Principal

A principal whose identity is known to the third party at the time a contract is entered into by the agent on behalf of the principal.