Which of the following statements is incorrect?

Managerial Economics

Which of the following statements is incorrect?

As the population rises, the market demand curve shifts to the right.
As a greater fraction of the population becomes elderly, the demand for medical services will tend to increase.
Changes in the composition of the population affect the demand for a product.
none of the statements associated with this question are incorrect.

the following statements is incorrect is none of the statements associated with this question are incorrect.

Tags: Demand and Supply