if-a-product-becomes-outdated-due-to-technological-advancements-what-is-the-like

Question

If a product becomes outdated due to technological advancements, what is the likely effect on its demand curve?

Accepted Answer

The demand curve will shift to the left.

Answer

The demand curve will shift to the right.

Answer

The supply curve will shift to the left.

Answer

There will be no change in the demand curve.