Graph questions Flashcards

(4 cards)

1
Q

What happens on a graph when there is an increase in demand?

A

A rightwards shift

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2
Q

What happens on a graph when there is an decrease in demand?

A

A leftwards shift in the demand curve

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3
Q

What happens on a graph when there is a decrease in supply?

A

Move along the curve to the left

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4
Q

What happens on a graph when there is an increase in supply?

A

Move along the curve to the right

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