We observe that the price of food rises and the quantity purchased also rises.This means the
A)supply curve shifted to the left.
B)demand curve shifted to the right.
C)demand curve shifted to the left.
D)supply curve shifted to the right.

Question

Quizplus · Accepted Answer

When the price of food rises and the quantity purchased also rises, it implies that there has been an increase in demand, leading to a shift of the demand curve to the right. The rise in price is because suppliers are trying to balance the increasing demand with the limited supply of food, which results in an increase in the equilibrium price.

We Observe That the Price of Food Rises and the Quantity