A shift of the demand curve to the left represents
A) an increase in demand.
B) a decrease in demand.
C) an increase in quantity demanded.
D) a decrease in quantity demanded.

Question

Quizplus · Accepted Answer

A shift of the demand curve to the left represents a decrease in demand. This means that at any given price level, consumers are willing and able to buy less of a good or service.

A Shift of the Demand Curve to the Left Represents