πŸ“’ Too many exams? Don’t know which one suits you best? Book Your Free Expert πŸ‘‰ call Now!


    Question

    When the economist speaks of an increase in demand, he

    is usually referring to a ____________________
    A shift in demand curve to right Correct Answer Incorrect Answer
    B movement along demand curve downwards right Correct Answer Incorrect Answer
    C shift in demand curve to left Correct Answer Incorrect Answer
    D movement along demand curve upwards Correct Answer Incorrect Answer

    Solution

    An increase in demand is depicted as a rightward shift of the demand curve. An increase in demand means that consumers plan to purchase more of the good at each possible price.

    Practice Next
    ask-question