Reference no: EM131482815
Question: Using the figures above, answer the following questions:
a. On the Demand panel:
¦ Show an increase in demand and label it D1.
¦ Show a decrease in demand and label it D2.
¦ Show an increase in quantity demanded.
¦ Show a decrease in quantity demanded.
¦ What causes demand to change?
¦ What causes quantity demanded to change?
![1518_DS.png](https://secure.expertsmind.com/CMSImages/1518_DS.png)
b. On the Supply panel:
¦ Show an increase in supply and label it S1.
¦ Show a decrease in supply and label it S2.
¦ Show an increase in quantity supplied.
¦ Show a decrease in quantity supplied.
¦ What causes supply to change?
¦ What causes quantity supplied to change?