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A rightward shift is an increase in supply.
Result in a rightward shift in a nation's production possibilities curve.
An improvement in telephone technology.
All factors other than price will shift the demand curve. Price moves along the demand curve.
Distinguish between the movement along the demand curve and shift in demand curve with the assistance of suitable graphs and explanations?
A rightward shift is an increase in supply.
Result in a rightward shift in a nation's production possibilities curve.
An improvement in telephone technology.
All factors other than price will shift the demand curve. Price moves along the demand curve.
Distinguish between the movement along the demand curve and shift in demand curve with the assistance of suitable graphs and explanations?
A shift in the demand curve shows either an increase or a decrease in demand. If more people suddenly start buying an item, their demand for it increases and the curve will shift. Likewise, if people stop buying a product the curve will also shift, but in the opposite direction.
A change in consumer's tastes leads to a shift in the demand curve. A change in price leads to a movement along the demand curve.
A change in consumer's tastes leads to a shift in the demand curve. A change in price leads to a movement along the demand curve.
it will shift the supply curve to the right
You can choose to shift the demand curve to the right i.e. expansion of demand.
by a shift to the right of the demand curve
Aggregate demand curve.