If buyers' incomes increase,the demand curve will shift to the _____ and the prices will _____.
A)right;rise
B)left;fall
C)right;fall
D)left;rise

Question

Quizplus · Accepted Answer

When buyers' incomes increase, they have more disposable income to spend on goods and services. This leads to an increase in demand, which causes the demand curve to shift to the right. As demand increases, prices typically rise due to the increased competition for the limited supply of goods and services. Therefore, the correct answer is A, which states that the demand curve will shift to the right and prices will rise.

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