Exhibit 4-13

-In Exhibit 4-13 depicting the market for pizza,a movement from point B to point C represents:

Question

Exhibit 4-13
 
-In Exhibit 4-13 depicting the market for pizza,a movement from point B to point C represents:

Quizplus · Accepted Answer

A movement from point B to point C along the demand curve represents an increase in the quantity demanded of pizza caused by a decrease in the price of pizza. This is because at lower prices, consumers are willing and able to buy more pizza, resulting in a movement along the same demand curve.

Exhibit 4-13 -In Exhibit 4-13 Depicting the Market for Pizza,a Movement from for Pizza,a