what are the influences on buying plans that change demand, and do these influences increase or decrease…

what are the influences on buying plans that change demand, and do these influences increase or decrease demand? the graph shows a demand curve for coffee makers. draw a demand curve that satisfies the law of demand and that shows what happens in the market for coffee makers if credit is easy to obtain but all other influences on buying plans remain the same. label the curve d₁. when an event occurs that changes the demand for coffee makers, does the demand curve shift or is there a movement along the demand curve? when an event occurs that changes the demand for coffee makers, ____ if demand increases and ____ if demand decreases. a. the demand curve shifts leftward; the demand curve shifts rightward b. a movement up along the demand curve occurs; a movement down along the demand curve occurs c. a movement down along the demand curve occurs; a movement up along the demand curve occurs d. the demand curve shifts rightward; the demand curve shifts leftward

what are the influences on buying plans that change demand, and do these influences increase or decrease demand? the graph shows a demand curve for coffee makers. draw a demand curve that satisfies the law of demand and that shows what happens in the market for coffee makers if credit is easy to obtain but all other influences on buying plans remain the same. label the curve d₁. when an event occurs that changes the demand for coffee makers, does the demand curve shift or is there a movement along the demand curve? when an event occurs that changes the demand for coffee makers, ____ if demand increases and ____ if demand decreases. a. the demand curve shifts leftward; the demand curve shifts rightward b. a movement up along the demand curve occurs; a movement down along the demand curve occurs c. a movement down along the demand curve occurs; a movement up along the demand curve occurs d. the demand curve shifts rightward; the demand curve shifts leftward

Answer

Brief Explanations:

When credit is easy to obtain, consumers have more purchasing power, which increases the demand for coffee - makers. An increase in demand shifts the demand curve to the right, and a decrease in demand shifts the demand curve to the left. Movements along the demand curve occur due to changes in the price of the good itself, while changes in non - price factors like ease of credit cause the demand curve to shift.

Answer:

D. the demand curve shifts rightward; the demand curve shifts leftward