Table 3-D
Use the Following Information About Demand and Supply

question 246

Multiple Choice

Table 3-D
Use the following information about demand and supply schedules to answer the question.
$$\begin{array} { l c c c } \text { Price } & \mathbf { D } _ { 1 } & \mathbf { D } _ { \mathbf { 2 } } & \boldsymbol { I } _ { \mathbf { 1 } } \\\$ 12 & 5 & 9 & 19 \\\$ 10 & 8 & 12 & 17 \\\$ 8 & 11 & 15 & 15 \\\$ 6 & 13 & 18 & 13 \\\$ 4 & 16 & 21 & 11 \\\$ 2 & 18 & 24 & 9\end{array}$$
-Refer to Table 3-D.Suppose that D₁ and S₁ are the prevailing demand and supply curves for a product.If the demand schedule changes from D₁ to D₂, then:

• A)equilibrium price decreases from $6 to $4.
• B)equilibrium quantity decreases from 15 to 13.
• C)equilibrium quantity increases from 13 to 18.
• D)equilibrium price increases from $6 to $8.
• E)equilibrium quantity remains at 13.

---

Definitions:

Marital Stability

The degree to which a marriage remains free from serious conflicts and the likelihood of it enduring over time.

Intact

Remaining undamaged or unaltered, often used to describe objects, structures, or relationships that have not been broken or modified.

Total Marriage

The partners participate in each other’s lives at all levels and have little tension or unresolved hostility.

Tension

A state of mental or emotional strain resulting from challenging or demanding circumstances.