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Homework answers / question archive / Graphically, an increase in demand is represented by a
Graphically, an increase in demand is represented by
a. an upward movement (from right to left) along a given demand curve.
b. an outward shift of the demand curve.
c. an inward shift of the demand curve.
d. a downward movement (from left to right) along a given demand curve.
The answer is a).
Demand is a function - it indicates the quantity demanded at a given price level. So when we say that there is an increase in demand, it implies that the quantity demanded increases at any given price level. Hence, the demand curve shifts upward.
