Holding other things constant, Costco increases the price for its $1.5 hot dog to $1.99. For Costco hot dog, this will lead to:

 A) Demand increases, a change from D2 to D1 

B) Demand decreases, a change from D2 to D1 

C) Quantity demanded increases, a change from D2 to D1 

D) Quantity demanded decreases, a change from D2 to D1 

E) Demand increases, a change from Point 2 to Point 1 

F) Demand decreases, a change from Point 2 to Point 1 

G) Quantity demanded increases, a change from Point 2 to Point 1 

H) Quantity demanded decreases, a change from Point 2 to Point

 

Transcribed Image Text:

P 1 2 D D2 Q P 1 2 D D2 Q

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