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What happens to the individual demand curve as the price of an item increases? a. An individual demand for an item will increase causing an upward slope. b. An individual demand for an item
will decrease causing a downward slope. c. An individual demand will increase, causing the price to increase further. d. An individual demand curve will remain unchanged and price is never a factor.
b. An individual demand for an item will decrease causing a downward slope.
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User: What happens to the individual demand curve as the price of an item increases? a. An individual demand for an item will increase causing an upward slope. b. An individual demand for an item will decrease causing a downward slope. c. An individual demand will increase, causing the price to increase further. d. An individual demand curve will remain unchanged and price is never a factor.

Weegy: b. An individual demand for an item will decrease causing a downward slope.
businesslady|Points 1133|

User: Based on the graph, how does the market demand for concert tickets change if the price increases from $30 to $40? a. the demand curve shifts to the right b. the demand curve shifts to the left c. quantity demanded decreases by 4,000 d. quantity demanded increases by 4,000

Weegy: d. quantity demanded increases by 4,000
Expert answered|usmanuak1|Points 0|

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Asked 9/27/2013 6:41:28 AM
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Added 85 days ago|5/9/2015 3:40:33 PM
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