nevaehbaker94 nevaehbaker94

11-05-2020
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Why isn't price a factor in influencing a left or right shift in the demand curve? What does it mean when there is a shift to the right?

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dalisaymatthew2 dalisaymatthew2

11-05-2020

Answer:

Demand curves can shift. Changes in factors like average income, trend and taste and many more affects the demand of a product and preferences can cause an entire demand curve to shift right or left.

shift to the right indicates an increase in demand at whatever price because a factor, such as consumer trend or taste, has risen for it.

Explanation:

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