All else held constant, when consumers exhibit a weakened desire to purchase a product, the demand curve:
A) shifts to the left.
B) shifts to the right.
C) increases.
D) remains constant.

Question

Quizplus · Accepted Answer

When consumers exhibit a weakened desire to purchase a product, it indicates a decrease in demand, which is represented by a leftward shift of the demand curve.

All Else Held Constant, When Consumers Exhibit a Weakened Desire