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What does it mean when a demand curve shifts to the right?
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What does it mean when a demand curve shifts to the right?
when demand increase due to other reason like income,taste,expectationthen curve shift to right side....this show increase in demand but price constant
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What does it mean when a demand curve shifts to the right?
Well demand curve shifts to the right indicates that an item has become more commercially desirable and that a large number will be sold at a given price. Or in other words it means the rise in demand of a commodity caused due to any factor other than the own price of the commodity. In this case the demand rises at the same price or demand remains same even at the higher price.
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What does it mean when a demand curve shifts to the right?
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