Exercise 2: Movement Along The Demand Curve. Answer the following questions based on the demand curve you have graphed: 1. When the price of a CD is $20, what is the quantity demanded by consumers? 2. When the price of a CD is $15, what is the quantity demanded by consumers? 3. When the price of a CD is $11, what is the quantity demanded by consumers? 4. As the price of a CD decreases, does the quantity of CDs demanded increase or decrease? 5. As the price of a CD increases, does the quantity of CDs demanded increase or decrease? Exercise 2: Movement Along The Demand Curve. Answer the following questions based on the demand curve you have graphed: 1. When the price of a CD is $20, what is the quantity demanded by consumers? 2. When the price of a CD is $15, what is the quantity demanded by consumers? 3. When the price of a CD is $11, what is the quantity demanded by consumers? 4. As the price of a CD decreases, does the quantity of CDs demanded increase or decrease? 5. As the price of a CD increases, does the quantity of CDs demanded increase or decrease