FIGURE 12-5 -Figure 12-5 Above Shows That When the Price Moves from Price

question 96

Multiple Choice

FIGURE 12-5
-Figure 12-5 above shows that when the price moves from $2.00 to $1.50 per unit, the quantity demanded increases from 3 million to 4.5 million.This is an example of a

• A)shift of demand curve.
• B)scaling back a demand curve.
• C)price elasticity curve.
• D)price inelasticity curve.
• E)movement along a demand curve.