An increase in quantity demanded

A. Results in a movement downward and to the right along a demand curve.

B. Results in a movement upward and to the left along a demand curve.

C. Shifts the demand curve to the left.

D. Shifts the demand curve to the right.

Question

Donavan Stone

Business

27 February, 23:36

An increase in quantity demanded

A. Results in a movement downward and to the right along a demand curve.

B. Results in a movement upward and to the left along a demand curve.

C. Shifts the demand curve to the left.

D. Shifts the demand curve to the right.

+1

Answers (1)

Know the Answer?

Baldie · Answer 1

The correct answer is option A.

Explanation:

A demand curve is downward sloping. This is because of the law of demand which states that price and quantity demanded are inversely related.

An increase in quantity demanded means that the there is a movement on the same demand curve to the right.

An upward movement to the left on the same demand curve shows a decrease in quantity demanded.

A leftward shift in the demand curve is an indicator of decline in demand.

A rightward shift in the demand curve shows an increase in demand.

An increase in quantity demandedA. Results in a movement downward and to the right along a demand curve.B. Results in a movement upward and to the left along a demand curve.C. Shifts the demand curve to the left.D. Shifts the demand curve to the right.

An increase in quantity demanded

A. Results in a movement downward and to the right along a demand curve.

B. Results in a movement upward and to the left along a demand curve.

C. Shifts the demand curve to the left.

D. Shifts the demand curve to the right.