New Register for Workshop on How to start for NABARD 2025 (Stepwise Plan) - Apr 26, 7 PM

    Question

    When the economist speaks of an increase in demand, he

    is usually referring to a ____________________
    A shift in demand curve to right Correct Answer Incorrect Answer
    B movement along demand curve downwards right Correct Answer Incorrect Answer
    C shift in demand curve to left Correct Answer Incorrect Answer
    D movement along demand curve upwards Correct Answer Incorrect Answer

    Solution

    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.

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