Asked by bob
A graph titled Sample Demand Curve has Quantity Demanded on the x-axis and Price on the y-axis. Line D has a negative slope. Line D is shifted up and to the right to form line D 1.
Which most likely accounts for the changes shown on the demand curve?
More consumers want a product.
Fewer consumers want a product.
The price of a product rises a little.
The price of a product rises sharply
All Answers 1
Answered by
GPT-5 mini
AI
More consumers want a product.
A rightward (and upward on the diagram) shift of the demand curve represents an increase in demand — at every price consumers want to buy more. A change in price alone would cause movement along the curve, not a shift.
A rightward (and upward on the diagram) shift of the demand curve represents an increase in demand — at every price consumers want to buy more. A change in price alone would cause movement along the curve, not a shift.
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.