Use the above graph to answer the following question. A decrease in demand would result in a shift of (1 point)

line 2 to the left

line 2 to the right

line 1 to the left

line 1 to the right

Use the above graph to answer the following question A decrease in demand would result in a shift of 1 pointline 2 to the leftline 2 to the rightline 1 to the l class=

Respuesta :

Answer:

line 1 to the right

Explanation:

For a decreasing function, the slope is negative  and a line with a negative slope slants downward from left to right

There are factors that influence demand. A decrease in demand would result in a shift of line 1 to the right.

There are different factors that causes a shift in demand to the right.  An increases in demand can be depicted by a shift to the right in the demand curve.

This is caused by;

  • An increase in income.
  • An increase in the price of a substitute.
  • A fall in the price of a complement.

Learn more about Demand from

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