When the demand curve shifts to the left, what is this called?

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asked Oct 17, 2018 111k views

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Mutexkid · Answer 1 · 2018-10-21T20:05:43+0000

When the demand curve shifts to the left, it describes Decrease in demand. Decrease in demand is represented by a leftward shift in the demand curve and signifies that individuals are willing and can buy less of a good at each and every price.

When the demand curve shifts to the left, what is this called?

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