Either an increase in the number of buyers or an increase in tastes or preferences for a good or service will increase the market demand for that good or service.

Question

Quizplus · Accepted Answer

According to the law of demand, an increase in the number of buyers or an increase in tastes or preferences for a good or service will shift the demand curve to the right, leading to an increase in market demand for that good or service.

Either an Increase in the Number of Buyers or an Increase