When a curve shifts,this indicates that:
A) One variable has increased and the other has decreased.
B) A change has occurred in the underlying relationship between the two variables.
C) The slope has changed.
D) The two variables are now unrelateD.

Question

Quizplus · Accepted Answer

When a curve shifts, it means that there has been a change in the underlying relationship between the two variables. This could be due to various reasons such as changes in market conditions, consumer behavior, or technological advancements. The shift can be either to the left or to the right, indicating either a decrease or an increase in the relationship between the two variables.

When a Curve Shifts,this Indicates That