Question

10. The shifter tool Another manipulable graph object The shifter tool is designed to let you answer questions by shifting entire lines or points along a line (or both) from one position to another. You can select any part of the line and drag it to the left or to the right. Once you have moved the point or line far enough, it will snap into one of a few possible positions. Shift the blue demand line (labeled D) to the right. Then position the point along the line so that it reflects the same price as the point along the original line. Note: Select and drag the curve to the desired position. The curve will snap into position, so if you try to move a curve and it snaps back to its original position, just drag it a little farther. 2 10 QUANTITY (Pints of blueberries) After adjusting the location of the line, you now see two lines on the graph; the initial position of the line is now labeled position is labeled ▼ , and the new

Answer 1

The demand curve represents the combination of the different quantity demanded by the consumers at different price level The rightward shift in the demand curve is shown as follows: 2 D 2 10 QUANTITY (Pints of blueberries) The demand curve shifts rightwards from DD to D'D'. The new demand curve is represented by the grey color curve and D' The following graph shows the representation of the equilibrium point at (4,6) where 4 is the quantity and 6 is the price. A PRICE (Dollars per pint) 10

10 S 8 E E 2 2 3 4 5 6 7 g 10 QUANTITY (Pints of blueberries) The given statement, "If you shift one of the lines incorrectly and the other correctly, you will receive credit for the correctly shifted line" is a false statement. This is because, for the correct one may be required to move only one line. answer PRICE (Dollars per pint) in