Suppose price is measured along the vertical axis on a graph.When price changes,there will be a
A)rotation of the curve.
B)shift of the curve.
C)movement along the curve.
D)change in the slope of the curve.

Question

Quizplus · Accepted Answer

When price changes, the quantity demanded or supplied will also change, resulting in a movement along the demand or supply curve. The shape, slope, and position of the curve remain the same, indicating a change in quantity but not a change in the underlying factors affecting demand or supply.

Suppose Price Is Measured Along the Vertical Axis on a Graph.When