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Question
When there is a change in demand leading to a shift of the Demand Curve to the right, at the same price as before, the quantity demanded will _______.
When there is a change in demand leading to a shift of the Demand Curve to the right, at the same price as before, the quantity demanded will _______.
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Solution
The correct option is B increase
In economics, the demand curve is the graph depicting the relationship between the price of certain commodity and the amount of it that consumers are willing and able to purchase at that given price. The shift of a demand curve takes place when there is a change in any non-price determinant of demand, resulting in a new demand curve. There is movement along a demand curve when a change in price causes the quantity demanded to change. When there is a change in an influencing factor other than price, there may be a shift in demand curve to the left or to the right, as the quantity demanded increases or decreases at a given price. For example if there is a positive news report about the product quantity demanded at each price may increase as demonstrated by the demand curve shifting to the right.
In economics, the demand curve is the graph depicting the relationship between the price of certain commodity and the amount of it that consumers are willing and able to purchase at that given price. The shift of a demand curve takes place when there is a change in any non-price determinant of demand, resulting in a new demand curve. There is movement along a demand curve when a change in price causes the quantity demanded to change. When there is a change in an influencing factor other than price, there may be a shift in demand curve to the left or to the right, as the quantity demanded increases or decreases at a given price. For example if there is a positive news report about the product quantity demanded at each price may increase as demonstrated by the demand curve shifting to the right.
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