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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


Team Careers360 2nd Jan, 2024
Answer (1)
Team Careers360 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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