A increase in quantity demanded as a result of a change in price
A)is a rightward shift of the demand curve.
B)is a leftward shift of the demand curve.
C)leaves the demand curve unchanged.
D)is not possible.

Question

Quizplus · Accepted Answer

An increase in quantity demanded as a result of a change in price results in a movement along the demand curve, not a shift of the demand curve itself. Shifts in the demand curve are caused by factors other than price, such as changes in income, preferences, or prices of related goods.

A Increase in Quantity Demanded as a Result of a Change