When the demand curve shifts to the left, what is this called?

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20-10-2017
Business

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When the demand curve shifts to the left, what is this called?

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meerkat18 meerkat18 · Answer 1 · 2017-11-01T05:22:16+01:00

meerkat18 meerkat18

01-11-2017

When the demand curve shifts to the left, it describes Decrease in demand. Decrease in demand is represented by a leftward shift in the demand curve and signifies that individuals are willing and can buy less of a good at each and every price.

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