Which of the following movements would represent an increase in the demand for a good?

Choose 1 answer:
(A) From $S$ to $U$
(B) From $R$ to $S$
(C) From $R$ to $T$
(D) From $T$ to $U$
(E) From $S$ to $R$

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Change in demand versus change in quantity demanded
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Question

Which of the following movements would represent an increase in the demand for a good?

Choose 1 answer:
(A) From $S$ to $U$
(B) From $R$ to $S$
(C) From $R$ to $T$
(D) From $T$ to $U$
(E) From $S$ to $R$

Related content
Change in demand versus change in quantity demanded
Report a problem

Accepted Answer

∻Solution by Steps∻ ‖ step 1 ⋮ Identify the two demand curves D1 and D2 and their respective points. ‖ ‖ step 2 ⋮ Understand that an increase in demand is represented by a shift of the demand curve to the right, from D1 to D2. ‖ ‖ step 3 ⋮ Locate the points that correspond to movements along or shifts of the demand curves. ‖ ‖ step 4 ⋮ Determine which movement represents a shift from D1 to D2, indicating an increase in demand. ‖ ‖ step 5 ⋮ Compare the answer choices with the identified shift in demand curves. ‖ ∻Answer∻ ‖ The correct movement that represents an increase in demand is from a point on D1 to a corresponding point on D2 with a higher quantity demanded at the same price or a higher price for the same quantity. ‖ ***C*** ∻Key Concept∻ ⚹Shift in demand curve⚹ ∻Explanation∻ ⚹An increase in demand is shown by a rightward shift of the demand curve, which means at the same price, consumers are willing to purchase more of the good, or they are willing to pay a higher price for the same quantity.⚹◊What is the relationship between the movement on the graph and the demand for a good?⍭ Generate me a similar question◊

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