The quantity demanded of a product changes when the demand curve for the product shifts either to the right or to the left.

Question

Quizplus · Accepted Answer

The quantity demanded of a product changes when there is a movement along the demand curve due to a change in the product's price, not when the demand curve itself shifts. A shift in the demand curve represents a change in demand, which is caused by factors other than the product's price, such as consumer income, preferences, or prices of related goods.

The Quantity Demanded of a Product Changes When the Demand