Question

State whether the statement is true or false. Give reason in support of your answer.
Movement along the demand curve and shift in demand curve imply one and same
thing.
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Answer 1

Answer:

A shift in the demand curve is caused by a factor affecting demand other than a change in price. If any of these factors change then the amount consumers wish to purchase changes whatever the price. The shift in the demand curveis referred to as an increase or decrease in demand. A movement along the demand curve occurs when there is a change in price. This may occur because of a change in supply conditions. The factors affecting demand are assumed to be held constant. A change in price leads to a movement along the demand curve and it referred to as a change in quantity demanded.

Explanation:

it is caused fasctor affecting demanf