Which of the following will lead to a movement along the same demand curve?
A)Changes in income
B)Changes in the price of substitute goods
C)Changes in the price of the product
D)Changes in the preference of the consumer

Question

Quizplus · Accepted Answer

Changes in the price of the product will lead to a movement along the demand curve. This is because the quantity demanded will change as the price changes, but other factors such as income, preferences, and prices of substitute goods will not change the demand curve itself.

Which of the Following Will Lead to a Movement Along