The shift to the right in a demand curve means a?

1 answer:

5 0

When a demand curve moves to the right, it means that prices are relatively low, and the consumption rate is high. People have great demand over a given product, the cost of the merchandise increases significantly.

Note if the order is lower, the prices will be lowered to accommodate the market needs. The rise in demand is usually illustrated in the graph in the right direction. Therefore the changes occur because of many factors, for instance, the income increase decrease in prices of substitutes.

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