Figure 2-17
-Refer to Figure 2-17.The movement from point A to point B is a(n)
A)shift of the demand curve.
B)indication of a change in preferences for grapes.
C)movement along the demand curve.
D)indication of an increase in income.

Question

Figure 2-17 
-Refer to Figure 2-17.The movement from point A to point B is a(n)
A)shift of the demand curve. 
B)indication of a change in preferences for grapes. 
C)movement along the demand curve. 
D)indication of an increase in income.

Quizplus · Accepted Answer

The movement from point A to point B is a movement along the demand curve, showing a change in quantity demanded due to a change in price, while holding all other factors constant. This is not an indication of a shift in the demand curve, change in preferences for grapes, or an increase in income.

Figure 2-17 -Refer to Figure 2-17.The Movement from Point a to Point