If I come and population increase what tends to happen to demand curves?

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1041512

2026-05-11 07:50

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When population increases, the demand curves for many goods and services typically shift to the right, indicating an increase in demand. This shift occurs because more people generally leads to greater consumption needs and preferences. As a result, prices may rise if the supply of those goods and services does not keep pace with the increased demand. Ultimately, this can lead to higher equilibrium prices in the market.

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