7. Increase in demand is shown by
(A) Movement along the same demand curve
(B) Shifts of the demand curve
(C) The highest point on the demand curve
(D) Lowest point of the demand curve
Answers
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2
Answer:
b
Explanation:
b) shifts of the demand curve
because increases in demand are shown by a shift to the right in the demand curve. this could be caused by a number of factors, including a rise in income, a rise in the price of a substitute or a fall in the price of a complement.
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