Graphically, when demand curve moves upward, there is __________.
A
more demand
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B
more supply
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C
equilibrium
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D
none of these
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Solution
The correct option is D none of these The demand curve is a graphical representation of the relationship between the price of a good or service and the quantity demanded for a given period of time.
When the demand curve moves upward this shows that the price of good increases and the demand for goods falls this will show the upward movement in the demand curve