Question: Question 38 (0.5 points) Saved 6 V Price 9 V 12 P3 V P2 15 P 1 18 D 3 21 D2 V D1 24

 Question 38 (0.5 points) Saved 6 V Price 9 V 12

P3 V P2 15 P 1 18 D 3 21 D2 V

Question 38 (0.5 points) Saved 6 V Price 9 V 12 P3 V P2 15 P 1 18 D 3 21 D2 V D1 24 QO Q1 Q 2 Q 3 Q 4 Quantity In the above figure, let Q0=1, Q1=3, Q2=5, Q3-7, Q4-9, P1=$1, P2-$3, P3=$5. 27 Suppose that the demand curve is D1. When the demand increases by 4, the equilibrium quantity by _ 30 1) increases, 8 12 2) increases, 6 33 3) decreases, 6 5 36 4) increases, 4 18 39 5) increases, 2 ( 6) decreases, 8 ( 7) decreases, 2 (8) decreases, 4

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