An increase in the population will lead to
A) a rightward shift in every individual's demand curve
B) no shift in the market demand curve
C) a rightward shift in the market demand curve
D) a rightward movement along every individual's demand curve
E) a rightward movement along the market demand curve

Question

Quizplus · Accepted Answer

An increase in population will lead to an increase in the number of consumers in the market, resulting in an increase in the quantity demanded at every given price level. Hence, there will be a rightward shift in the market demand curve.

An Increase in the Population Will Lead to