passwella.
Menu

WAEC Economics 2000 Question 23

Question 23

Theory of Demand

The movement along the same demand curve is a

  1. A.change in demand
  2. B.change in quatity demanded
  3. C.shift in demand
  4. D.market demand.
Show the answer and explanation

Answer: B (change in quatity demanded)

Explanation

A change in the good's own price moves us along the curve: a change in quantity demanded. A change in demand shifts the whole curve.