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Question
When demand curve shifts to the right, the ________.
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Solution
The correct option is C both B and C
A shift in the demand curve occurs when the determinant of the demand other than the price changes. The determinants can be income of the buyers, tastes and preferences, price of related goods.etc. Hence, when demand curve shifts to the right, the demand of goods and services increases as well as price tends to rise of complementary goods.
A shift in the demand curve occurs when the determinant of the demand other than the price changes. The determinants can be income of the buyers, tastes and preferences, price of related goods.etc. Hence, when demand curve shifts to the right, the demand of goods and services increases as well as price tends to rise of complementary goods.
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