Exhibit 4-2 Supply and Demand Curves

question 51

Multiple Choice

Exhibit 4-2 Supply and demand curves

In Exhibit 4-2, a decrease in quantity demanded would cause a movement from which equilibrium point to another, other things being equal?

• A) E₁ to E₂.
• B) E₁ to E₃.
• C) E₄ to E₁.
• D) E₃ to E₄.

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