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NEED NOW PLEASE!! Which most likely accounts for the changes shown on the demand curve? More consumers want a product. Fewer consumers want a product. The price of a product ris…

NEED NOW PLEASE!! Which most likely accounts for the changes shown on the demand curve? More consumers want a product. Fewer consumers want a product. The price of a product ris…
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1 vote
NEED NOW PLEASE!!

Which most likely accounts for the changes shown on the demand curve?

More consumers want a product.
Fewer consumers want a product.
The price of a product rises a little.
The price of a product rises sharply.

asked
User RaptoX
by
7.0k points

1 Answer

4 votes
The price of a product is a function of the demand and the offer.
Since we are interested only on the demand, then the graph will change with the "More consumers want a product."
answered
User Sanghoon
by
7.6k points
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