An increase in demand means a movement to a higher quantity along a given demand curve.

Name: An increase in demand means a movement to a higher quantity along a given demand curve.
Brand: Quizplus
Rating: 4.9 (37 reviews)

Question

Quizplus · Accepted Answer

An increase in demand means the demand curve shifts to the right, not a movement along the same demand curve. A movement along the demand curve would indicate a change in quantity demanded due to a price change, not an increase in demand itself.

An Increase in Demand Means a Movement to a Higher