As more people migrated west during the gold rush, what happened to the demand curve in most western markets for food and housing, holding all else constant? O a) There was no shift, but there was an increase in quantity demanded. O b) The demand curve shifted to the right. There was no shift, and there was no increase or decrease in quantity demanded. d) The demand curve shifted to the left. e) There was no shift, but there was a decrease in quantity demanded.

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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As more people migrated west during the gold rush, what happened to the demand
curve in most western markets for food and housing, holding all else constant?
O a) There was no shift, but there was an increase in quantity demanded.
O b) The demand curve shifted to the right.
There was no shift, and there was no increase or decrease in quantity
demanded.
Od) The demand curve shifted to the left.
O e) There was no shift, but there was a decrease in quantity demanded.
Transcribed Image Text:As more people migrated west during the gold rush, what happened to the demand curve in most western markets for food and housing, holding all else constant? O a) There was no shift, but there was an increase in quantity demanded. O b) The demand curve shifted to the right. There was no shift, and there was no increase or decrease in quantity demanded. Od) The demand curve shifted to the left. O e) There was no shift, but there was a decrease in quantity demanded.
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