Buyers want less at every single price. The demand curve shifts to the:
ALift
BLoop
CLawn
DLeft
Answer & Solution
Correct answer: D. Left
1. Every price now matches a smaller quantity.
2. The whole line moves inward.
3. That is a shift to the left.
_Source: OpenStax Principles of Microeconomics 3e, Chapter 3, Demand and Supply._
Keep practising Demand Supply and Equilibrium
Browse all Demand Supply and Equilibrium questions for Bachelors Year 3, or explore more Economics topics.