State whether the following statement are TRUE and FALSE 3. When demand increases, the demand curve shifts to the left.

State whether the following statement are TRUE and FALSE
3. When demand increases, the demand curve shifts to the left.
FALSE
When demand increases, i.e. when the demand for the good increase as a result of a change in factors other than price, the demand curve shifts parallel towards right. On the other hand, when demand decrease, the demand curve shifts to the left..

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