Graph 4-2 -Refer to Graph 4-2. If the Demand Curve Shifts from Demand

question 85

Multiple Choice

Graph 4-2

-Refer to Graph 4-2. If the demand curve shifts from D₁ to D on the graph, this means that:

• A) firms are willing to supply less than before
• B) people are less willing to buy the product at any price than before
• C) people are now more willing to buy the product at any price than before
• D) the price of the product has decreased, causing consumers to buy more of the product