d D3 to Di Figure 423 Piice Demand In Figure 423 which movem

d. D3 to Di Figure 4-23 Piice Demand In Figure 4-23, which movement will be caused by changes in income? a. A to C Cto A 1 c. B to D CB to A

Solution

the correct option is option D.

when eve there is price changes then the shift is along the demand curve (A to C or C to A or B to D or D to B) but other than price if there is some other thing which will affect the Demand curve, then the demand curve shift rightward or left ward. Other thing majorly inclued income, substitute, complementary goods, preferences.

So the change in come can be seen in option D where B moves leftward to A.

 d. D3 to Di Figure 4-23 Piice Demand In Figure 4-23, which movement will be caused by changes in income? a. A to C Cto A 1 c. B to D CB to A Solutionthe correc

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