asked 124k views
2 votes
NEED ANSWER NOW!!

The graph shows a demand curve



What changes does the graph show?

A. An increase in demand
B. A decrease in demand
C. A stable demand and an increase in price
D. A decrease in both the quantity demanded and the quantity supplied

NEED ANSWER NOW!! The graph shows a demand curve What changes does the graph show-example-1
asked
User Seda
by
8.9k points

2 Answers

2 votes
For this case, the first thing we will do is define the following functions:
Function orange = D (x)
Blue function = D1 (x)
Let's see how one function varies with respect to the other:
D1 (x) = D (x) - 2.5
Therefore, we see that the function decreases.
Answer:
B. A decrease in demand
answered
User Fredrik Sundmyhr
by
8.1k points
3 votes
The answer would be letter B. You can see that the price of the demanded products as the time passes by decreases. So the answer is letter B.
answered
User Peter Stace
by
8.2k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.