Answered

Find the best answers to your questions at Westonci.ca, where experts and enthusiasts provide accurate, reliable information. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.

1. The Express-News reports that the demand for trucks increased during the
coronavirus pandemic (8/4/2020) so Toyota is turning to compulsory overtime. How do
you show an "increase in demand" on a demand curve graph?

Sagot :

Parrain

When you want to show an increase in the demand , you shift the demand curve to the right.

Movements of demand curve.

  • When demand increases, the curve shifts right.
  • When demand decreases, the curve shifts left.

This will often lead to a new equilibrium price and quantity as the new position of the curve will intercept the supply curve at a different price and quantity.

Find out more on shifts in the demand curve at https://brainly.com/question/6345825.

Thanks for using our platform. We're always here to provide accurate and up-to-date answers to all your queries. We appreciate your time. Please revisit us for more reliable answers to any questions you may have. We're glad you visited Westonci.ca. Return anytime for updated answers from our knowledgeable team.