A decrease in price of computer graphic cards for PCs... [homework]

Question

a. the point on the line moving to the right

b. the point on the line moving to the left

c. the demand curve shifting to the right

d. the demand curve shifting to the left

Answer 1

A decrease in price of computer graphic cards for PCs is where the point on the line moves to the right. The line we are looking at is the demand curve. If the price of any good decreases, then the quantity of any good increases.