Refer to the following diagram to answer the questions that follow.

-An increase in the number of buyers would cause the demand curve to:

Question

Refer to the following diagram to answer the questions that follow.
 
-An increase in the number of buyers would cause the demand curve to:

Quizplus · Accepted Answer

An increase in the number of buyers would cause an increase in demand, therefore shifting the demand curve to the right. This means that at any given price level, consumers are willing to purchase a greater quantity of the good. This shift would be from D₁ to D₂. Option A is incorrect because it implies that the demand curve shifts even further to the right, which is not the case. Option B is incorrect because it implies that the increase in buyers does not affect demand, which is untrue. Option D is incorrect because it implies that the demand curve was originally at D₂, which is not stated in the diagram. Option E is incorrect because it implies that the increase in buyers shifts the demand curve even further to the right, which is not necessarily the case.

Refer to the Following Diagram to Answer the Questions That