How does the following situation SHIFT the demand curve for an ice cream shop in a small town? A cup cake shop opens down the bl

Question

nlexa [21]

3 years ago

13

How does the following situation SHIFT the demand curve for an ice cream shop in a small town? A cup cake shop opens down the bl

ock.
Shifts the curve left
Shifts the curve right
Does not shift the curve

Business

1 answer:

Anit [1.1K] · Answer 1 · 2022-03-28T19:59:57+03:00

Anit [1.1K]3 years ago

4 0

So theoretically, opening a new cup cake shop would decrease the demand for ice cream. A decrease in demand would cause the demand curve to shift to the left.