According to the law of demand,a change in _______ causes a movement along the demand curve.

Question

Quizplus · Accepted Answer

According to the law of demand, a change in the price of the good itself causes a movement along the demand curve. As the price of a good increases, the quantity demanded decreases, and vice versa. Changes in buyers' expectations, the number of buyers, or the price of other related goods can shift the entire demand curve but do not cause a movement along the curve.

According to the Law of Demand,a Change in _______ Causes