If the price of a normal good is measured along the vertical axis and its quantity along the horizontal axis, an increase in the price of the good will lead to:
A)a downward movement along the demand curve.
B)an upward movement along the demand curve.
C)a rightward shift of the demand curve.
D)a leftward shift of the demand curve.

Question

Quizplus · Accepted Answer

An increase in the price of a normal good leads to an upward movement along the demand curve, indicating a decrease in quantity demanded.

If the Price of a Normal Good Is Measured Along