A decrease in quantity demanded is represented by a
A) rightward shift of the supply curve.
B) rightward shift of the demand curve.
C) leftward shift of the demand curve.
D) movement up along the demand curve.
E) movement down along the demand curve.

Question

Quizplus · Accepted Answer

A decrease in quantity demanded, without a change in demand itself, is represented by a movement up along the demand curve. This occurs when the price of the good increases, leading to a decrease in the quantity demanded, assuming other factors remain constant.

A Decrease in Quantity Demanded Is Represented by a