An increase in the demand curve for orange juice would be illustrated as a -------.
a. leftward shift of the demand curve
b. rightward shift of the demand curve
c. movement up along the demand curve
d. movement down along the demand curve
Answers
Answered by
4
C) movement up along the demands curve........ Is the answer.
Answered by
0
The correct answer is option (b.) rightward shift of the demand curve.
Explanation:
- An increase in the demand curve for orange juice would be illustrated as a Rightward shift in the Demand Curve.
- A Rightward shift in the demand curve indicates a inccrease in demand.
- A leftward shift in the demand curve indicates a decrease in demand because consumers are purchasing fewer products for the same price.
- If there is an increase in demand ( D) the demand curve moves to the RIGHT.
- When we say that the demand curves shift to the right, it means that we have to change the numbers on the demand schedule. For the same prices, the quantities increase. This shifts the curve to the RIGHT.
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