Movements along a demand curve caused by a change in price probably means that:
A) There has been an endogenous shift in the demand curve.
B) There has been an exogenous shift in the demand curve.
C) There has been a shift in an exogenous factor that affects supply.
D) The supply curve is not shifting.

Question

Quizplus · Accepted Answer

The Answer of Movements along a demand curve caused by a change in price probably means that:
A) There has been an endogenous shift in the demand curve.
B) There has been an exogenous shift in the demand curve.
C) There has been a shift in an exogenous factor that affects supply.
D) The supply curve is not shifting.

Movements Along a Demand Curve Caused by a Change in Price