Figure 2.4.1.
-Look at Figure 2.4.1. An increase in demand is
A) a shift from D0 to D1.
B) a shift from D1 to D0.
C) a movement from point B to D.
D) a movement from point D to B.
E) none of the above.

Question

Figure 2.4.1.
-Look at Figure 2.4.1. An increase in demand is
A) a shift from D0 to D1. 
B) a shift from D1 to D0. 
C) a movement from point B to D. 
D) a movement from point D to B. 
E) none of the above.

Quizplus · Accepted Answer

An increase in demand means that at any given price level, consumers are willing to buy more of the product. This shifts the demand curve to the right, from D0 to D1. Therefore, the correct choice is A.

Figure 2.4.1. -Look at Figure 2.4.1. an Increase in Demand Is