When Demand increases, is that a shift of the curve or a movement along the curve? Determine the direction of the shift or movement.
When Supply decreases, is that a shift of the curve or a movement along the curve? Determine the direction of the shift or movement.
When quantity demanded increases, is that a shift of the curve or a movement along the curve? Determine the direction of the shift or movement.
When quantity supply decreases, is that a shift of the curve or a movement along the curve? Determine the direction of the shift or movement.
What causes demand or supply to change?
What causes quantity demanded or quantity supplied to change?
When Demand increases, is that a shift of the curve or a
movement along the curve? Determine the direction of the shift or
movement.
ans. shift of the demand curve to the right
When Supply decreases, is that a shift of the curve or a movement along the curve? Determine the direction of the shift or movement.
ans. shift of the supply curve to the left.
When quantity demanded increases, is that a shift of the curve or a movement along the curve? Determine the direction of the shift or movement.
ans. it is a movement down the demand curve.
When quantity supply decreases, is that a shift of the curve or
a movement along the curve? Determine the direction of the shift or
movement.
ans. it is a movement up the supply curve
Pls post remainng questions separately
Get Answers For Free
Most questions answered within 1 hours.