'Change in quantity demanded' refers to _______.

upward shift of the demand curve

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downward shift of the demand curve

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movement on the same demand curve

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none of these

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Solution

The correct option is C movement on the same demand curve

The only factor that can cause a change in quantity demanded is price. A related, but distinct, concept is a change in demand.

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Similar questions

Distinguish between a change in quantity demanded and a change in demand of a commodity.

Distinguish between a movement along a demand curve and shift in the demand curve with the help of diagrams.

How are the equilibrium price and quantity affected when

(a) both demand and supply curves shift in the same direction?

(b) demand and supply curves shift in opposite directions?

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