Which of the following illustrates a shift in the demand curve?
A)When prices remain the same, there is a significant decrease in demand.
B)As the price is raised, the quantity demanded increases, assuming all else stays the same.
C)When prices remain the same, there is an increase or decrease in demand.
D)As the price is lowered, the quantity demanded decreases, assuming all else stays the same.
E)An internal matter has forced a price change of some type, but it does not impact demand.

Question

Quizplus · Accepted Answer

A shift in the demand curve occurs when there is a change in demand at every price point, rather than a change in quantity demanded due to a change in price (a movement along the demand curve). Option C states that there is an increase or decrease in demand when prices stay the same, indicating a shift in the demand curve. Options A, B, and D describe movements along the demand curve due to changes in price, and option E mentions a price change that does not impact demand.

Which of the Following Illustrates a Shift in the Demand