Answered

IDNLearn.com makes it easy to get reliable answers from knowledgeable individuals. Discover comprehensive answers to your questions from our community of knowledgeable experts.

1. The Express-News reports that the demand for trucks increased during the
coronavirus pandemic (8/4/2020) so Toyota is turning to compulsory overtime. How do
you show an "increase in demand" on a demand curve graph?

Sagot :

Parrainidn

When you want to show an increase in the demand , you shift the demand curve to the right.

Movements of demand curve.

  • When demand increases, the curve shifts right.
  • When demand decreases, the curve shifts left.

This will often lead to a new equilibrium price and quantity as the new position of the curve will intercept the supply curve at a different price and quantity.

Find out more on shifts in the demand curve at https://brainly.com/question/6345825.

We value your participation in this forum. Keep exploring, asking questions, and sharing your insights with the community. Together, we can find the best solutions. IDNLearn.com is committed to providing accurate answers. Thanks for stopping by, and see you next time for more solutions.