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What change is taking place on this graph?

a decrease in supply
a decrease in demand
an increase in supply
an increase in demand

What change is taking place on this graph? a decrease in supply a decrease in demand-example-1
User Patnz
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2 Answers

3 votes

Answer:

increase of demand

Step-by-step explanation:

User OkyDokyman
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3 votes

Change in the price of the good results in the movement along the same demand curve.

Factors other than price results in the shift in demand curve.

A rightward shift in demand would increase the quantity demanded at all prices compared to the original demand curve.

While a left shift indicates decrease in demand.

In the given graph , there is a rightward shift of the demand curve from left to the right ( D1 to D2), Thus we can say that there is an increase in demand.

User Rfreytag
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