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rosijanka [135]
2 years ago
3

The price of mangoes is currently $5.00 per pound. At this price, producers are supplying 4,000 pounds of mangoes. Point C on th

e 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 determinant of demand?

Social Studies
2 answers:
sashaice [31]2 years ago
8 0

As illustration shows it will shift to the point E if the demand increases suddenly because of a non-price determinant of demand. In microeconomics, the law of demand states that, as the price of a good increases, quantity demanded decreases; conversely, as the price of a good decreases, quantity demanded increases.

il63 [147K]2 years ago
6 0

Answer:

point E

Explanation:

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