The figure below shows a single consumer's demand for ice cream at the student union. An increase in the number of students on this campus would cause:
A)the demand curve shown above to shift to the right.
B)the demand curve shown above to shift to the left.
C)the market demand curve for ice cream from the student union to shift to the right.
D)no change in the market demand curve for ice cream from the student union.

Question

The figure below shows a single consumer's demand for ice cream at the student union.  An increase in the number of students on this campus would cause:
A)the demand curve shown above to shift to the right. 
B)the demand curve shown above to shift to the left. 
C)the market demand curve for ice cream from the student union to shift to the right. 
D)no change in the market demand curve for ice cream from the student union.

Quizplus · Accepted Answer

An increase in the number of students on the campus would result in an increase in the market demand for ice cream from the student union. This is because more students would be available to buy ice cream, causing a rightward shift in the market demand curve. This would result in a higher quantity demanded at any given price, and potentially higher prices as well. The individual consumer's demand curve may or may not shift as a result, depending on factors such as their personal preferences, income, and willingness to pay for ice cream.

The Figure Below Shows a Single Consumer's Demand for Ice