Figure 2-15
Relationship between Price and Cups of Coffee

-Refer to Figure 2-15.Which of the following could result in a movement from point A to point B?

Question

Figure 2-15
Relationship between Price and Cups of Coffee
 
-Refer to Figure 2-15.Which of the following could result in a movement from point A to point B?

Quizplus · Accepted Answer

A movement from point A to point B represents an increase in the price of coffee, which would result in a decrease in the quantity demanded. A change in income or preferences would shift the entire demand curve, while a change in the price of tea would not directly affect the demand for coffee.

Figure 2-15 Relationship Between Price and Cups of Coffee