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If there is an increase in the price of chocolate candy, what can be expected with respect to the demand curve?

A. An increase in demand
B. An increase in quantity demanded
C. A decrease in demand
D. A decrease in quantity demanded


Sagot :

Final answer:

An increase in the price of chocolate candy leads to a decrease in quantity demanded along the demand curve. An increase in demand shifts the curve to the right, while a decrease in demand shifts it to the left.


Explanation:

When there is an increase in the price of chocolate candy, it leads to a decrease in quantity demanded along the demand curve. This is because as the price of the chocolate candy rises, consumers tend to purchase less of it.

If there is an increase in demand, the entire demand curve shifts to the right, indicating that at every price level, more quantity will be demanded. Conversely, a decrease in demand would shift the curve to the left, resulting in fewer quantities demanded at each price level.


Learn more about Demand Curve and Price Changes here:

https://brainly.com/question/38030597


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