Refer to the graphs shown. If consumers began purchasing more of this product due to a decrease in price, this would be shown by arrow:
A. A.
B. B.
C. C.
D. D.
Answer:A
Refer to the graphs shown. If consumers began purchasing more of this product due to a decrease in price, this would be shown by arrow:
A. A. B. B. C. C. D. D.
Explanation: A change in price causes a movement down along the demand curve. When price falls, the movement is downward and to the right.