Question: Intro - Demand vs . Quantity Demanded Michelle Almonte Rodriguez We'll shift the whole demand curve to the left. Sarah, Economics Tutor No , that's
Intro Demand vs Quantity Demanded
Michelle Almonte Rodriguez
We'll shift the whole demand curve to the left.
Sarah, Economics Tutor
No that's not the case. We said that an increase in price results in a decrease in quantity demanded that's a movement to the left along the same demand curve, not a curve shift.
Correct Answer:
We'll move to the left along its demand curve.
Sarah, Economics Tutor
If something that affects buying other than price changes even if it's a change in price of a related good what do we call the result?
Apple Market Demand Shift
Apple Market Demand Shift
Demanded
A change in quantity demanded
A change in demand
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