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A shift of the demand curve from D1 to D2 in Figure 13-4B below indicates A demand curve under more favorable conditions for Red Baron
A shift of the demand curve from D1 to D2 in Figure 13-4B below indicates A demand curve under more favorable conditions for Red Baron Pizza.The vertical axis is Red Baron Pizza price per unit ranging from 0 through 12 dollars, in increments of 2. The horizontal axis is quantity demanded per year (in millions of units) ranging from 0 through 7, in increments of 1. As the price per unit decreases, the demand increases and is charted as line D sub 1 and labeled, initial demand curve. Parallel to line D sub 1 but further to the right along the quantity demanded axis is line D sub 2 which is labeled, new demand curve. The distance between these 2 lines is labeled as B. Q sub 2 is marked at 8 dollars per unit and a demand of 3 million units. Q sub 3 is marked at 6 dollars per unit and a demand of 5 million units. Multiple Choice the price has decreased. the price has increased. fewer units are demanded at the given price. more units are demanded at the given price. there is not enough information given to indicate what happened
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