A shift of the demand curve to the right when the supply curve remains constant...

ECONOMICS
WAEC 1991

A shift of the demand curve to the right when the supply curve remains constant , implies that

  • A. both price and quantity demanded will increase
  • B. only price increases
  • C. both price and quantity demanded will decrease
  • D. the price remains constant

Correct Answer: A. both price and quantity demanded will increase



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