An increase in demand is graphically illustrated by
A)a shift of the demand curve to the right.
B)a shift of the demand curve to the left.
C)an upward movement along the demand curve.
D)a downward movement along the demand curve.
E)both a shift and an upward movement along the demand curve.

Question

Quizplus · Accepted Answer

An increase in demand is represented by a shift of the demand curve to the right, indicating that consumers are willing to buy more of a product at any given price. A movement along the demand curve represents a change in quantity demanded due to a change in price, not a change in demand.

An Increase in Demand Is Graphically Illustrated by