Questions: From this graph, you can tell that a move from D1 to D3 would show an increase in supply, a decrease in supply, an increase in demand, a decrease in demand.

From this graph, you can tell that a move from D1 to D3 would show an increase in supply, a decrease in supply, an increase in demand, a decrease in demand.
Transcript text: From this graph, you can tell that a move from D1 to D3 would show an increase in supply. a decrease in supply. an increase in demand. a decrease in demand.
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Solution

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Solution Steps

Step 1: Identify the Graph Type

The graph shown is a demand curve graph, with price on the vertical axis and quantity on the horizontal axis. The curves D1, D2, and D3 represent different demand levels.

Step 2: Analyze the Movement

The movement from D1 to D3 indicates a shift in the demand curve. Since the curves are moving to the right, this suggests a change in demand.

Step 3: Determine the Type of Change

A rightward shift in the demand curve (from D1 to D3) indicates an increase in demand. This is because, at each price level, a higher quantity is demanded.

Final Answer

An increase in demand.

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