Figure 4-7

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

Name: Figure 4-7 -Refer to the Figure 4-7.What would cause the movement from point A to point B on the graph?
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Question

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

Quizplus · Accepted Answer

The movement from point A to B on the graph represents a decrease in the quantity demanded of the good in response to a decrease in price. Therefore, the correct choice is (B): a decrease in price. None of the other options would cause this movement on the demand curve.

Figure 4-7 -Refer to the Figure 4-7.What Would Cause the Movement from Cause