Question 51
MediumOriginal questionAssertion (A): An increase in demand means more is demanded at every price.
Reason (R): An increase in demand is shown by a movement down the demand curve.
Show the answer and explanation
CorrectNot quiteAnswer C
Correct answer: C
Explanation
A is true.
R is false: more at every price is a rightward shift of the curve; a movement down it is an extension.
- Concept
- Increase in demand is a shift
- Typical timeTypical
- 70 s
- Your timeYours
- —
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