Which of the following events would cause an upward movement along the demand curve for olives?
A)The number of people who purchase olives decreases.
B)Consumer income decreases, and olives are a normal good.
C)The price of pickles decreases, and pickles are a substitute for olives.
D)The price of olives rises.

Question

Which of the following events would cause an upward movement along the demand curve for olives?
A)​The number of people who purchase olives decreases.
B)​Consumer income decreases, and olives are a normal good.
C)​The price of pickles decreases, and pickles are a substitute for olives.
D)​The price of olives rises.

Quizplus · Accepted Answer

An increase in the price of the good itself (olives) causes an upward movement along the demand curve as consumers will be willing to purchase less of it at each price.

Which of the Following Events Would Cause an Upward Movement