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1 year ago

Which statement describes the shift from D1 to D2?

Advanced Placement (AP)

1 answer:

rjkz [21]1 year ago

7 0

The statement that describes the shift from D1 to D2 is option c: Demand for the product decreased.

<h3>Which causes a change in demand?</h3>

A change in demand is one that is caused by:

The tastes and preferences of customers
The the composition or size of the population
The prices of related goods
Expectations.

Note that a change in any one of the factors above can determine the quantity people who are known to be willing to buy at a said price and this will cause a shift in demand.

Hence, The statement that describes the shift from D1 to D2 is option c: Demand for the product decreased.

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