question 5\nwhat happens to the market demand curve when there is an increase in market demand?\na. it…

question 5\nwhat happens to the market demand curve when there is an increase in market demand?\na. it shifts to the left.\nb. it shifts downward.\nc. it shifts upward.\nd. it shifts to the right.\nincorrect! please try again.\nmarket demand curves\ndecreased market demand\noriginal market demand\nincreased market demand\n$3.00\n$2.50\n$2.00\n$1.50\n$1.00\n$0.50\n0\n5\n10\n15\n20\n25\n30\n35\n40\n45\n50\n55\nprice (per taco)\nquantity (tacos per week)\ndecrease in demand\nincrease in demand\nd2\nd1\nd3\na\nb\nc

question 5\nwhat happens to the market demand curve when there is an increase in market demand?\na. it shifts to the left.\nb. it shifts downward.\nc. it shifts upward.\nd. it shifts to the right.\nincorrect! please try again.\nmarket demand curves\ndecreased market demand\noriginal market demand\nincreased market demand\n$3.00\n$2.50\n$2.00\n$1.50\n$1.00\n$0.50\n0\n5\n10\n15\n20\n25\n30\n35\n40\n45\n50\n55\nprice (per taco)\nquantity (tacos per week)\ndecrease in demand\nincrease in demand\nd2\nd1\nd3\na\nb\nc

Answer

Brief Explanations:

When there is an increase in market demand, more of the good (in this case tacos) is demanded at each price level. This causes the entire demand curve to shift to the right. A left - shift indicates a decrease in demand, a downward - shift is not the correct way to describe a change in demand in this context, and an upward - shift is also incorrect as the standard way to show an increase in demand is a right - shift.

Answer:

D. It shifts to the right.