difference between movement along demand curve and shift in demand curve
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Explanation:
A change in price causes a movement along the demand curve. An increase in price from $12 to $16 causes a movement along the demand curve, and quantity demand falls from 80 to 60. A change in price doesn't shift the demand curve – we merely move from one point of the demand curve to another
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Answer:
Demand Curve is a graph, indicating the quantity demanded by the consumer at different prices. The movement in demand curve occurs due to the change in the price of the commodity whereas the shift in demand curve is because of the change in one or more factors other than the price.
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