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3 years ago

If the market price moves from one point on a demand curve to another point on the curve what has happened to the market demand?

Business

1 answer:

sdas [7]3 years ago

8 0

Answer:

4. The total market demand has not changed

the demand has been adjusted by a change in supply

Explanation:

Movement along a demand curve results from changes in the price of the product. Supply influences price change. Movement along a demand curve means the quantity demanded has increased or decreased due to a price change.

A total change in demand is when the quantity demanded changes at all prices. Changes in customers' preferences or a change in the prices of compliment or supplement products make the entire demand change.

A shift in the demand curve demonstrates a total chan

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3 years ago

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3 years ago

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Brilliant_brown [7]

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