When milk consumption decreased,a survey firm wanted to know what was going on,so they interviewed people and found that people thought that rising milk prices were making it hard to justify their milk purchases.This suggests that what is going on is a:
A)movement along the demand curve for milk.
B)movement along the supply curve for milk.
C)shift of the demand curve for milk.
D)shift of the supply curve for milk.

Question

Quizplus · Accepted Answer

A movement along the demand curve for milk is indicated because the change in quantity demanded is due to a change in the price of milk itself, not due to changes in external factors that would shift the entire demand curve.

When Milk Consumption Decreased,a Survey Firm Wanted to Know What