Graph questions Flashcards
(4 cards)
1
Q
What happens on a graph when there is an increase in demand?
A
A rightwards shift
2
Q
What happens on a graph when there is an decrease in demand?
A
A leftwards shift in the demand curve
3
Q
What happens on a graph when there is a decrease in supply?
A
Move along the curve to the left
4
Q
What happens on a graph when there is an increase in supply?
A
Move along the curve to the right