Refer to the accompanying graph. If the market price for the product falls, then which of the curves would shift?A. MCB. ATCC. A
1 answer:
If the market price for a product falls, the curve that would shift would be the D. Curve D.
<h3>What curve shifts with market price ?</h3>In the given graph, the curve that would shift as a result of a shift in the market price would be the demand curve or D. This is because this demand curve is a horizontal curve which makes it perfectly elastic.
A perfectly elastic curve will change demand when there is a change in market price as more people will be interested in the good or service and try to get more or it.
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