The above graph is showing :
Answer & explanation
Correct answer: option 2
The correct answer is option (2) : Leftward shift in demand curve
A change in quantity demanded due to an increase or decrease in price while all other factors remain constant is known as Movement along the same Demand Curve.
A change in demand as a result of a change in variable other than the commodity's own price is known as a Shift in Demand Curve.
The diagram shows a leftward shift in the demand curve.