-Refer to the above figure. A movement from point A to point B for a good is most likely a result of
A) an increase in the price of that good.
B) a decrease in the price of that good.
C) an expectation of an increase in the relative price of that good.
D) an expectation of a decrease in the relative price of that good.

Question

-Refer to the above figure. A movement from point A to point B for a good is most likely a result of
A) an increase in the price of that good. 
B) a decrease in the price of that good. 
C) an expectation of an increase in the relative price of that good. 
D) an expectation of a decrease in the relative price of that good.

Quizplus · Accepted Answer

A movement from point A to point B on a demand curve typically indicates an increase in quantity demanded due to a decrease in the price of the good.

-Refer to the Above Figure