Economy, asked by sehajdhaliwal00023, 5 hours ago

example of decrease in demand

Answers

Answered by LakshmunNaidu
1

The shift from D0 to D2 represents such a decrease in demand: At any given price level, the quantity demanded is now lower. In this example, a price of $20,000 means 18 million cars sold along the original demand curve, but only 14.4 million sold after demand fell.

Answered by subha2007293
1

Answer:

The shift from D0 to D2 represents such a decrease in demand: At any given price level, the quantity demanded is now lower. In this example, a price of $20,000 means 18 million cars sold along the original demand curve, but only 14.4 million sold after demand fell.

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