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The price of mangoes is currently $5.00 per pound. At this price, producers are supplying 4,000 pounds of mangoes. Point C on the graph shows the current equilibrium price and quantity. To which point
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The price of mangoes is currently $5.00 per pound. At this price, producers are supplying 4,000 pounds of mangoes. Point C on the graph shows the current equilibrium price and quantity. To which point will the equilibrium shift if the demand increases suddenly because of a non-price determinan

t of demand?

User Daniel Goldfarb
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5.0k points

2 Answers

4 votes

Answer:

yes

Step-by-step explanation:

User Ian Steffy
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4.2k points
3 votes

Answer:

Point "B"

Step-by-step explanation:

The following rule of thumb is to follow your equilibrium point. D2 "Demand Curve 2" and S1 "Supply Curve 1" illustrates how demand increases because of a non-price determinant.

User Jspooner
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4.6k points
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