When the price of peaches changes,the demand curve for peaches

Question

Quizplus · Accepted Answer

The demand curve for peaches represents the relationship between the price of peaches and the quantity demanded of peaches, holding all other factors constant. Therefore, when the price of peaches changes, it results in a movement along the same demand curve, rather than a shift of the entire curve. The price of peaches is measured on the vertical axis of the graph, which means the movement occurs on that axis, but it does not cause the demand curve to shift.

When the Price of Peaches Changes,the Demand Curve for Peaches