If buyers' incomes increase,the demand curve will shift to the ________ and the price will ________.

Question

Quizplus · Accepted Answer

If buyers' incomes increase, they are likely to have more purchasing power, leading to an increase in demand for goods and services. As a result, the demand curve will shift to the right, indicating a higher quantity demanded at any given price. This shift in demand will put upward pressure on prices, causing them to rise. Therefore, A is the best choice.

If Buyers' Incomes Increase,the Demand Curve Will Shift to the ________