Economy, asked by wer09, 1 year ago

What do you mean by movement along the demand curve ?

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Answered by Anonymous
3
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Movement hello my demand curve refers to moving Up or Down the demand curve .When we move down the curve ,what is the situation of extension of demand : buying more in response to decrease in own price of the commodity .When we move up the curve,situation of contraction of demand :buying less in response to increase in own price of the commodity .Thus,movement along the demand curve refers to extension or contraction of demand .



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Answered by TEJ1977
4
ANSWER


MOVEMENT ALONG A DEMAND OF CURVE


It is used in competitive markets, and are often combined with supply curves to estimate the equilibrium price 

movement along a demand curve when a change in price causes the quantity demanded to change. It is important to distinguish betweenmovement along a demand curve, and a shift in a demand curve


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