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      Question

      Movement along a demand curve as a result of change in

      price is known as┬а
      A change in quantity demanded Correct Answer Incorrect Answer
      B change in demand Correct Answer Incorrect Answer
      C increase or decrease in demand Correct Answer Incorrect Answer
      D None of the above Correct Answer Incorrect Answer

      Solution

      A change in quantity demanded due to an increase or decrease in price while all other factors remain constant is known as Movement along the same Demand Curve. A change in demand as a result of a change in variable other than the commodity's own price is known as a Shift in Demand Curve

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