Question : The demand curve displays an increase in demand when :
Option 1: Movement along the curve
Option 2: Movement along the curve there is no change.
Option 3: The curve shifts right
Option 4: The curve shifts left
Answer (1)
10th Jan, 2024
Correct Answer: The curve shifts right
Solution : If the determinant raises demand, the curve moves to the right. This indicates that even while the price remains the same, there is a greater demand for the commodity or service. The incomes of consumers will increase as the economy is flourishing.
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