-A Shift of the Demand Curve from D₁ to D₂

question 385

Multiple Choice

-A shift of the demand curve from D₁ to D₂ in Figure 11-3B above indicates

• A)fewer units are demanded at the given price.
• B)more units are demanded at the given price.
• C)the price has decreased.
• D)the price has increased.
• E)there is not enough information given to indicate what happened.

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Definitions:

Independent Groups

A research design in which different groups of participants are assigned to experimental conditions, with each group exposed to a different level of the independent variable.

Power Steering

A system that uses hydraulic or electric assistance to reduce the effort needed to steer a vehicle.

Manual Transmission

A type of vehicle transmission that requires the driver to manually shift gears while driving.

Main Effects

The direct impact of an independent variable on a dependent variable in an experimental design, ignoring the effects of other variables.