A shift in the demand curve means:
A)the availability of substitutes remains the same.
B)at a given price, more (or less) product is sold.
C)consumer incomes remain the same.
D)consumer tastes remain the same.

Question

Quizplus · Accepted Answer

A shift in the demand curve shows that additional (or less) quantity is sold at the same price.This is usually due to changes in other factors such as consumer tastes, price and availability of substitutes, and/or consumer income.

A Shift in the Demand Curve Means