Every member of the current graduating class at Greengrass College received a job offer. As a result, most bought new cars. What did this do to the demand curve for cars?

Question

Quizplus · Accepted Answer

The increase in job offers likely increased the income of the graduates, leading to an increase in their demand for cars. This would shift the demand curve to the right, indicating a higher quantity demanded at each price level.

Every Member of the Current Graduating Class at Greengrass College