-In the Above Figure, When the Price of Good B

question 90

Multiple Choice

-In the above figure, when the price of Good B increases, the result can be shown by

• A) the movement from D1 to D2 in Graph A.
• B) the movement from D2 to D1 in Graph A.
• C) the movement along D0 from P1 to P2.
• D) the movement along D0 from P2 to P1.

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Definitions:

Increases

An upward trend or movement in numbers, size, strength, or another measurable factor.

Longitudinal

An observational research method in which data is gathered for the same subjects repeatedly over a period of time.

Participants

Participants are individuals who take part in a process or activity, especially in research or experiments.

Representative

Serving as a typical or characteristic example of a group or class; or, in politics, someone elected to act and speak on behalf of a wider group.