(Brainliest for correct answer) Use the above graph to answer the following question. A move from point S to point U indicates

A. a decrease in demand
B. a decrease in quantity demanded
C. an increase in quantity demanded
D. an increase in demand

Brainliest for correct answer Use the above graph to answer the following question A move from point S to point U indicates A a decrease in demand B a decrease class=

Respuesta :

The point s is where the suppl curve and demand curve meet. Hence moving down to point U would indicate an increase in quantity demanded because a shift to the right on supply curve, ie moving down to point u from point s indicates an increase in supply so that means an increase in quantity demanded. If it were to move the other way, ie to the left, then it would show a decrease in supply and a decrease in quantity demanded.
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As per the graph diagram the point A if moved form the point S to the point U indicates the

  • The point s is where the supply curve and demand curve meet. The moving down of point U from point S tells an increase in supply.
  • If it were to move to the left, then it would show a decrease in supply and a decline in quantity demanded.

Hence the option C is correct.

Learn more about the use the above graph to answer.

brainly.com/question/21989623.

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