An increase in demand is represented by a
A)shift of the demand curve to the left.
B)shift of the demand curve to the right.
C)movement down the demand curve.
D)movement up the demand curve.

Question

Quizplus · Accepted Answer

An increase in demand means that consumers want to buy more of a product at each price point. This is represented by a shift of the demand curve to the right. Conversely, a decrease in demand would be represented by a shift of the demand curve to the left. Movements up and down the demand curve represent changes in quantity demanded due to a change in price, not a change in demand. Therefore, the correct answer is B.

An Increase in Demand Is Represented by a