Which of these illustrates movement along the demand curve?
A) Demand increases due to a drop in price.
B) Demand increases due to a competitor leaving the market.
C) Demand increases due to consumer tastes changing.
D) Demand increases due to a competitor increasing its prices.
E) Demand increases due to an increase in consumer incomes.

Question

Quizplus · Accepted Answer

Movement along the demand curve occurs when there is a change in the quantity demanded due to a change in the price of the good itself, not due to external factors like competitors or income changes.

Which of These Illustrates Movement Along the Demand Curve