If the price of gasoline has increased from $2.00 per gallon to $3.00 per gallon. how would this price change be represented on the demand curve is: a movement from one point on the line to a higher point on the line.
<h3>What is demand curve?</h3>
Demand curve can be defined as the curve that show price of goods and services produced as well as the quantity demanded for the goods produce at a particular period of time.
The price change can be represented on the demand curve when price increase and this happen when the price of goods move from one point on a line to a higher point on the line
Therefore how would this price change be represented on the demand curve is: a movement from one point on the line to a higher point on the line.
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The answer is Commutative Property.
Answer:
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