Economy, asked by ajaysutar516, 10 months ago

Effect on demand crve when there is an expected fall in orice

Answers

Answered by Anonymous
1

Explanation:

When the demand curve shifts, it changes the amount purchased at every price point. For example, when incomes rise, people can buy more of everything they want. In the short-term, the price will remain the same and the quantity sold will increase. ... That happens during a recession when buyers' incomes drop.

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