Part C
Kevin observed that as the demand for peaches grew, the demand for apples decreased. The graph depicts the fall in the
demand for apples. Curve AB shows the initial demand, and curve XY illustrates the fall in demand due to the popularity of
peaches. Study the graph, and describe how the demand curve moved.
Ademand
Price
per
2.50
Pound
2.00
(dollars) 1.50
0.50
1,000 2,000 3,000 4,000 5,000 6,000 7,000
Quantity of Apples (pounds)