23 A move from F to G represents Quantity a change in quanti

23.) A move from F to G represents Quantity a change in quantity demanded. a change in demand. an increase in demand. a decrease in demand. A. B. C. D. 24.) A move from G to H represents Quantity A. an increase in quantity demanded. B. a decrease in quantity demanded. C. an increase in demand. D. a decrease in demand

Solution

23.

A.

There is a decrease in quantity demanded. So, it makes the case of change in quantity demanded.

24.

C.

There is an increase in demand level, as the demand curve changes to the left, but demand slightly increases.

27.

D

Though there is a rightward shift in the supply curve, but supply has come down. So, there Is a decrease in supply.

28.

A

Here, the upward movement is along the supply curve. So, there is a case of increase in quantity supplied.

29.

B

It happens when there is a rightward shift in the supply curve and supply increases.