Which factor will raise the price of milk?
A)a shift to the right of the supply curve for milk
B)a shift to the right of the demand curve for milk
C)an increase in the number of milk suppliers
D)a decrease in the number of milk buyers

Question

Quizplus · Accepted Answer

When there is a shift to the right of the demand curve for milk, it means that there is an increase in the quantity of milk demanded at any given price. This increase in demand will lead to an increase in the price of milk.

Which Factor Will Raise the Price of Milk