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OpenStudy (anonymous):
How many fewer shirts are sold at the new demand level for any given price? A. 200 B. 300 C. 400 D. 500
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OpenStudy (anonymous):
OpenStudy (johnweldon1993):
Well at ANY given price (on the y-axis) lets look at y = 12 the Original demand goes out to 300 shirts... Now look at the new demand....we went down to 100 shirts...so a difference of how many shirts??
OpenStudy (anonymous):
200
OpenStudy (johnweldon1993):
Correct!
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