-Refer to the above figure. A movement from point A to point B indicates
A) an increase in demand.
B) a decrease in demand.
C) an increase in quantity demanded.
D) a decrease in quantity demanded.

Question

-Refer to the above figure. A movement from point A to point B indicates
A) an increase in demand. 
B) a decrease in demand. 
C) an increase in quantity demanded. 
D) a decrease in quantity demanded.

Quizplus · Accepted Answer

A movement from point A to point B along the same demand curve indicates a change in quantity demanded, not a change in demand itself. This movement is typically caused by a change in the price of the good or service.

-Refer to the Above Figure