Figure 2-17
-Refer to Figure 2-17.The movement from point B to point C is a(n)
A)shift of the demand curve.
B)movement along the demand curve.
C)indication that the price of grapes has changed.
D)indication that the costs incurred by firms that produce grapes have changed.

Question

Figure 2-17 
-Refer to Figure 2-17.The movement from point B to point C is a(n)
A)shift of the demand curve. 
B)movement along the demand curve. 
C)indication that the price of grapes has changed. 
D)indication that the costs incurred by firms that produce grapes have changed.

Quizplus · Accepted Answer

The movement from point B to point C is a shift of the demand curve because the entire curve has moved to the right. This indicates that the demand for grapes has increased, which could be due to a change in consumer preferences, a change in the price of a substitute good, or a change in consumer income.

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