Question

define increase in demand​

Answer 1

Answer:

An increase in demand is depicted as a rightward shift of the demand curve. b. An increase in demand means that consumers plan to purchase more of the good at each possible price. ... A decrease in demand means that consumers plan to purchase less of the good at each possible price.

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.

Answer 2

Answer:

An increase in demand is depicted as a rightward shift of the demand curve. An increase in demand means that consumers plan to purchase more of the good at each possible price.A decrease in demand means that consumers plan to purchase less of the good at each possible price.