(Figure: Graph) Refer to the graph to answer the question.
A decrease in the price of an item will cause the movement from

A)point P to point W.
B)point N to point M.
C)point T to point P.
D)point Q to point P.

Question

(Figure: Graph) Refer to the graph to answer the question.
A decrease in the price of an item will cause the movement from
 
A)point P to point W. 
B)point N to point M. 
C)point T to point P. 
D)point Q to point P.

Quizplus · Accepted Answer

According to the graph, a decrease in price causes movement along the demand curve, from higher prices to lower prices. This movement is shown by the upward sloping line from point Q to point P. Therefore, the correct choice is D, movement from point Q to point P, as this represents a decrease in price.

(Figure: Graph) Refer to the Graph to Answer the Question