An increase in the number of buyers in a particular market will result in a
A) movement up the demand curve.
B) movement down the demand curve.
C) leftward shift in the demand curve.
D) rightward shift in the demand curve.

Question

Quizplus · Accepted Answer

An increase in the number of buyers will increase the quantity demanded at each price level in the market, resulting in a rightward shift in the demand curve. This shift represents the same level of demand at higher prices, indicating that buyers are willing to pay more for the same quantity of goods or services.

An Increase in the Number of Buyers in a Particular