The movement along the same curve is a

Assessment: WAEC SSCE - Economics - 2000 (Objective) Subject: Economics

Question 1 Report

The movement along the same curve is a
Answer Details
The movement along the same curve is a change in quantity demanded. This means that there has been a change in the quantity of a good or service that consumers are willing and able to buy due to a change in the price of that good or service, assuming all other factors remain constant. It is important to note that this is not the same as a shift in demand, which would involve a change in one or more of the other determinants of demand (such as income, tastes and preferences, price of related goods, etc.).
Read lesson note on The Theory Of Demand (JAMB)
Read lesson note on Economics As A Science (JAMB)
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