Figure 3-2 shows the shifts in the demand curve for a good. A change from Point A to Point D represents a(n):Figure 3-2

Name: Figure 3-2 shows the shifts in the demand curve for a good. A change from Point A to Point D represents a(n):Figure 3-2
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Question

Figure 3-2 shows the shifts in the demand curve for a good. A change from Point A to Point D represents a(n):Figure 3-2  ​

Quizplus · Accepted Answer

A change from Point A to Point D represents an increase in demand. This is because at any given price, consumers are willing to buy more of the good, causing the demand curve to shift to the right.

Figure 3-2 Shows the Shifts in the Demand Curve for a Good