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Use the above graph to answer the following question. An increase in demand would result in a shift of
A. line two to the left
B. line two to the right
C. line one to the left
D. line one to the right​

Use the above graph to answer the following question An increase in demand would result in a shift of A line two to the leftB line two to the rightC line one t class=

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onyebuchinnaji

An increase in demand would result in a shift of line one to the right.

What is a demand curve?

  • A demand curve can be used to show the change in demand of a commodity at a given price.

From the given graph we can deduce the following;

  • Line 1 is a demand curve and Line 2 is a supply curve

The basic properties and demand and supply curve is listed below;

  • An increase in demand causes a shift in the demand curve to the right.
  • An increase in supply cause a shift in supply curve to the right
  • A decrease in demand will cause a shift in demand curve to the left
  • A decrease in supply will cause a shift in supply curve to the left

Thus, we can conclude that an increase in demand would result in a shift of line one to the right.

Learn more about demand curve here: https://brainly.com/question/9387886

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