-A move from H to F represents

Question

Quizplus · Accepted Answer

In economics, movements along the demand curve occur due to changes in price, while shifts in the demand curve occur due to changes in other factors affecting demand such as income, tastes and preferences, prices of related goods etc. A move from H to F represents a decrease in price, which causes an increase in quantity demanded, but it does not represent a shift in the demand curve. Therefore, the correct answer is D - a decrease in demand.

-A Move from H to F Represents