Item$1$

$10$

points

Time Remaining $4$ hours $7$ minutes $21$ seconds $04$:$07$:$21$

eBook Print References Check my work Check My Work button is now enabled $1$ Item $1$

Time Remaining $4$ hours $7$ minutes $21$ seconds $04$:$07$:$21$

The figure below shows three monthly market demand curves for sweaters at a local clothing store.

Starting at point A on demand curve D$1,$ determine whether the indicated event will cause demand to increase to D$2$ or decrease to D$3,$ or whether there will be a movement along the demand curve D$1.$

For each of the following events, indicate where the new point will be after the event occurs.

a$.$ Sweaters fall out of fashion: $.$

b$.$ There is a shortage of wool: $.$

c$.$ The winter is particularly long and cold this year: $.$

d$.$ Sweater vendors offer a sale: $.$

Prev