An increase in the number of consumers shifts the demand curve to the _______ Group of answer
Question:
An increase in the number of consumers shifts the demand curve to the _______
Group of answer choices
Right
Left
It does not change
2.
An increase in the price of a product's input or component shifts the supply curve to the
Group of answer choices
Left
Right
It does not change
3.
An increase in income causes the demand curve for all goods to_____________ and the equilibrium price to ________.
Group of answer choices
increase, increase
decrease; decrease
decrease; increase
increase; decrease
4.
Holding other factors constant, if bad weather destroys the annual crop for carrots, it causes the supply curve for carrots to
Group of answer choices
Shift to the left, causing the prices of carrots to rise
Shift to the left, causing the prices of carrots to fall
The supply curve does not shift. Only the demand curve shifts.
Stay the same
Expert Answer:
Solution 1 An increase in the number of consumers shifts the demand curve to the right With an incre... View the full answer
