A decrease in demand is represented by a
A) shift of the demand curve to the right.
B) movement along the demand curve to the right.
C) shift of the demand curve to the left.
D) movement along the demand curve to the left.
E) shift in the supply curve.

Question

Quizplus · Accepted Answer

A decrease in demand means that consumers are willing to buy fewer units of a good or service at any given price. This is represented by a shift of the entire demand curve to the left, as the quantity demanded decreases at every price level. A movement along the demand curve (either to the right or left) would only occur if there was a change in the price of the good or service, not a change in demand.

A Decrease in Demand Is Represented by a