Question 55
HardOriginal questionA demand curve shifts from Qd = 60 − 5P to Qd = 60 − 5P + 10. At a price of ₹8, the quantity demanded
Show the answer and explanation
CorrectNot quiteAnswer B
Correct answer: B
Explanation
Before: 60 − 40 = 20. After: 60 − 40 + 10 = 30.
Ten more units at the same price: an increase in demand.
- Concept
- A shift written as an equation
- Typical timeTypical
- 100 s
- Your timeYours
- —
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