When we move along a given demand curve,
A)only price is held constant.
B)income and price are held constant.
C)all nonprice determinants of demand are held constant.
D)all determinants of quantity demanded are held constant.

Question

Quizplus · Accepted Answer

When we move along a given demand curve, all nonprice determinants of demand (such as consumer preferences, income, prices of related goods, etc.) are held constant. The movement along the curve is solely due to changes in the price of the good itself.

When We Move Along a Given Demand Curve