Figure 4-7
-Refer to the Figure 4-7. What does the movement from point B to point A on the graph show?

Question

Figure 4-7 
-Refer to the Figure 4-7. What does the movement from point B to point A on the graph show?

Quizplus · Accepted Answer

The movement from point B to point A on the graph shows a decrease in quantity demanded, as the price has increased from $16 to $18 and as a result, the quantity demanded has decreased from 180 units to 140 units. This is shown by a movement along the same demand curve, rather than a shift of the entire demand curve.

Figure 4-7 -Refer to the Figure 4-7. What Does the Movement from the Movement