When an economist says that the demand for a product has increased, this means that: consumers are now willing to purchase more of this product at each possible price. the product has become particularly scarce for some reason. product price has fallen and, as a consequence, consumers are buying a larger quantity of the product. the demand curve has shifted to the left?

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14 April, 17:31

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Johnny Wang · Answer 1

It means that consumers are now willing to purchase more of this product at each possible price.