Refer to the graphs shown. The effect of an increase in price on demand is best shown by which arrow?
A. A
B. B
C. C
D. D
Answer:B
Refer to the graphs shown. The effect of an increase in price on demand is best shown by which arrow?
A. A B. B C. C D. D
Explanation: A change in price causes a movement along the demand curve. When price increases, the movement is upward and to the left.