Question

. What cause upward movement along a demand curve?

Answer 1

The main reason for an upward movement along the demand curve is the RISE IN PRICES, other things remaining constant (cetris peribus).

As the law of demand states that as the price of a product increases, its demand falls and if the price of the product decreases, its demand increases. So this increase in price leads to upward movement on the demand curve.

This upward movement along the demand curve can also be called as contraction in demand or decrease in demanded quantity.