If the price of a good rises,then moving along a demand curve the percentage change in the quantity demanded will be
A) positive.
B) negative.
C) zero.
D) either positive, negative, or zero depending on how the demand curve shifted.
E) undefined.

Question

Quizplus · Accepted Answer

According to the law of demand, there is an inverse relationship between price and quantity demanded. As the price of a good rises, the quantity demanded decreases. Therefore, when we move along a demand curve, the percentage change in the quantity demanded will be negative.

If the Price of a Good Rises,then Moving Along a Demand