how does the following situation shift the demand curve for specific brand of house paint? the manufacturing…

how does the following situation shift the demand curve for specific brand of house paint? the manufacturing increases prices to maximize profit. shifts the curve left shifts the curve right does not shift the curve

how does the following situation shift the demand curve for specific brand of house paint? the manufacturing increases prices to maximize profit. shifts the curve left shifts the curve right does not shift the curve

Answer

Brief Explanations:

A change in the price of a good leads to a movement along the demand - curve, not a shift. A shift in the demand curve is caused by non - price factors such as changes in income, tastes, prices of related goods, etc. Since the situation here is about a price increase by the manufacturer, it does not shift the demand curve.

Answer:

Does not shift the curve