3. A movement along the demand curve occurs when a price change leads to a change in...

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3. A movement along the demand curve occurs when a price change leads to a change in the quantity de manded. When economists talk of increasing or decreasing demand, they mean shifts of the demand curveā€”a change in the quantity demanded at any given price. An increase in demand causes a rightward shift of the demand curve. A decrease in demand causes a leftward shift.

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Essentials Of Economics

ISBN: 9781429218290

2nd Edition

Authors: Paul Krugman, Robin Wells, Kathryn Graddy

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