An Increase in the Number of Buyers in the Market

question 6

Multiple Choice

An increase in the number of buyers in the market for LED TVs would cause the market demand curve for LED TVs to:

• A)shift right.
• B)shift left.
• C)stay the same because market demand doesn't depend on the number of buyers.
• D)shift left or right depending on whether the new buyers purchase more or less than existing customers at each price.

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