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Price 0.5 Price per QD Song 0.45 -50 25 0.4 .40 50 0.35 -35 100 D.3 -30 150 0.25 .25 200 0.2 .20 250 0.15

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Price 0.5 Price per QD Song 0.45 -50 25 0.4 .40 50 0.35 -35 100 D.3 -30 150 0.25 .25 200 0.2 .20 250 0.15 0.1 D -15 300 0.05 .10 350 D1 0 50 100 150 200 250 300 350 400 450 Quantity a) Comparing the new demand curve (D2) with the original demand curve (D1), we can say that the change in the demand resulted in a shift of the demand curve to the (left/right). [HIGHLIGHT YOUR SELECTION] b) Such a shift indicates that at each of the possible prices shown, buyers are now willing to buy a (smaller/larger) quantity. [HIGHLIGHT YOUR SELECTION] c) The cause of this demand curve shift was a (n) (increase/decrease) in demand [HIGHLIGHT YOUR SELECTION]

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