Narrbegin Exhibit 4.4 Demand and supply curves
-In Exhibit 4.4, a movement from A to B is best described as a/an:

Name: Narrbegin Exhibit 4.4 Demand and supply curves -In Exhibit 4.4, a movement from A to B is best described as a/an:
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Question

Narrbegin Exhibit 4.4 Demand and supply curves  
-In Exhibit 4.4, a movement from A to B is best described as a/an:

Quizplus · Accepted Answer

A movement from A to B shows a decrease in demand and an increase in quantity supplied. This is because as the price decreases from P1 to P2, consumers demand more of the good resulting in an increase in quantity supplied from Q1 to Q2.