If the price of ice cream increases and the quantity demanded decreases, how would economists describe this?
A) a change in quantity demanded
B) a change in demand
C) a change in consumer income
D) a change in one of the variables that shifts demand

Question

Quizplus · Accepted Answer

This scenario describes a movement along the demand curve due to a change in the price of the good itself, which is referred to as a change in quantity demanded.

If the Price of Ice Cream Increases and the Quantity