A decrease in demand means thatthe demand curve has shifted, Ask an Expert

Economics

A "decrease in demand" means that...

the demand curve has shifted to the left.

price has declined and consumers want to purchase more of the good.

the demand curve has shifted to the right.

the price of the good can be expected to decline, assuming supply stays constant.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M92000147

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