A(n)________ is represented by a rightward shift of the demand curve while a(n)________ is represented by a movement along a given demand curve.
A)increase in demand; decrease in demand
B)increase in demand; increase in quantity demanded
C)decrease in demand; decrease in quantity demanded
D)increase in quantity demanded; increase in demand

Question

Quizplus · Accepted Answer

An increase in demand is represented by a rightward shift of the demand curve, indicating that at any given price, consumers are willing and able to buy more of the good. An increase in quantity demanded, on the other hand, is represented by a movement along a given demand curve, indicating that the price of the good has changed and consumers are now buying more at the new price.

A(n)________ Is Represented by a Rightward Shift of the Demand