Which of the following may occur as a result of an increase in the price of ipods? Shift from line 1 to line 2 Move from point S to point U Shift from line 2 to line 1 Move from point U to point S
@Kate.Ch.
which one did you pick for comparison?
shift from one to line two -> increase of demand Move from point S to point U -> decrease of quantity demanded and decrease of price Shift from line 2 to line 1 -> decrease of demand Move from point U to point S -> increase of quantity demanded and increase of price. As a result. it may occur the move from point U to point S.
like, im so bad with graphhhsss.. :_( i dont get iit :_(
I understand you :) it isn't so easy...
yah... :/ thanks though :) one more
ok :) give it :)
just to correct a few "typos" shift from one to line two -> increase of demand demand moves, good Move from point S to point U -> decrease of quantity demanded and decrease of price qty increases, $ decreases Shift from line 2 to line 1 -> decrease of demand demand moves, good Move from point U to point S -> increase of quantity demanded and increase of price. qty decreases, $ increases
ohh...yees.... :/ you are right ....I confused :/
it happens :) the graph is a bit crowded
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