Generally, a change in the price of a good cause a movement along a demand curve,...

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Generally, a change in the price of a good cause a movement along a demand curve,...

Generally, a change in the price of a good cause a movement along a demand curve, while a change in any other factor besides the price the good causes a shift of the demand curve

business economics

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Answer 1

Answer #1

Ans: True

Explanation:

A change in the price of a commodity leads a change in quantity demanded of that commodity along the same demand curve. This movement may be upward or downward.

A change in any other factors besides the price of the good cause either a forward shift or a backward shift of the demand curve .

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Answer 2

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Generally, a change in the price of a good cause a movement along a demand curve,...