The price of dog collars,a normal good,has gone down.This change can be shown graphically as:

Question

Quizplus · Accepted Answer

When the price of a normal good goes down, it leads to an increase in the quantity demanded of the good. This can be shown graphically as a movement along the demand curve to the right, as consumers are now willing and able to purchase more of the good at the lower price. Therefore, the correct choice is D - a movement along the demand curve to the left. The other options are incorrect as they suggest a change in demand, which is not the case here.

The Price of Dog Collars,a Normal Good,has Gone Down