C O eztomheducationcomhmtpx Choose the letter of the diagram

C O ezto.mheducation.com/hm.tpx Choose the letter of the diagram in Figure 31 that best describes the type of shift that would occur In each situation for the market listed on the let, ceteris paribus Supply Curve (leftward) Supply Curve (rightward) QUANTITY QUANTITY Demand Curve (leftward) Demand Curve (rightward) QUANTITY QUANTITY

Solution

Answer is D.

Explanation:
When the confidence of consumer improves there will be increased demand in the economy, hence shift in the demand curve to the right as depicted by Graph D.

 C O ezto.mheducation.com/hm.tpx Choose the letter of the diagram in Figure 31 that best describes the type of shift that would occur In each situation for the

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