Beer production in Mexico rose 4.7 percent in 2021, registering 118.7 million hectoliters more. Although the installed capacity of the brewing industry allowed for its gradual recovery, particularly towards the second half, this increase is explained by the fact that, by the end of 2021, a greater number of massive events were held that allowed the demand for beer to increase.

The increase in beer production in Mexico is explained by a shift in the demand curve to the right, this movement causes a decrease in the price of beer, which helped reactivate the market. (T/F) _______