Use the Table Below to Answer the Following Questions

question 31

Multiple Choice

Use the table below to answer the following questions.
Table 3.5.3
Demand and supply schedules for designer sport t-shirts at CoolU

-Refer to Table 3.5.3. A new store opens up on the edge of campus, Great Wild North Sportswear, which has the capacity to do as much business as all the existing businesses. The quantity of t-shirts supplied doubles at each price. This would be represented as a

• A)movement up along the demand curve.
• B)rightward shift of the demand curve.
• C)leftward shift of the demand curve.
• D)rightward shift of the supply curve.
• E)leftward shift of the supply curve.

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Definitions:

KMnO4

Potassium permanganate, a strong oxidizing agent used in a variety of chemical reactions and as a disinfectant.

Hg(OAc)2

Mercury acetate, a chemical compound used in organic chemistry as a reagent, particularly in reactions involving carbocations.

NaBH4

Sodium borohydride (NaBH4) is a reducing agent commonly used in organic synthesis to reduce aldehydes and ketones to alcohols.

Raney Nickel

A finely divided nickel alloy used as a catalyst in hydrogenation and other chemical reactions.