A movement along a demand curve is called a change in quantity demanded and a shift of a demand curve is called a change in demand.

Question

Quizplus · Accepted Answer

This is a correct statement. A movement along a demand curve is caused by a change in the price of the good and results in a change in the quantity demanded. A shift of the demand curve is caused by a change in any other factor affecting demand, such as consumer preferences or income, and results in a change in demand at all price levels.

A Movement Along a Demand Curve Is Called a Change