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Figure 3-5 In Figure 3-5, If the Initial Demand for Margarine Were

question 156

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Figure 3-5 Figure 3-5   In Figure 3-5, if the initial demand for margarine were D <sub>1</sub>, an increase in the price of butter, which is a substitute for margarine, would tend to cause which of the following changes in the market for margarine? A)  a shift in the demand curve from D <sub>1</sub> to D <sub>2</sub> B)  a shift in the demand curve from D <sub>2</sub> to D <sub>1</sub> C)  a movement along demand curve D <sub>1</sub> from a to b D)  a movement along demand curve D <sub>1</sub> from b to a
In Figure 3-5, if the initial demand for margarine were D 1, an increase in the price of butter, which is a substitute for margarine, would tend to cause which of the following changes in the market for margarine?


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