what is the differece between movement along a demand curve and shift in demand curve
Answers
Answered by
2
Heya....
** Movement along a demand curve....
--->>> It creates change in quantity demanded for a commodity ....
--->>> It creates extension or contraction of demand curve.....
--->>> It occurs due to change in only own prices of the commodity and other demand determinants remains constant....
** Shift along a demand curve.....
--->>> It creates change in total demand of the commodity....
--->>> It creates rightwards or leftward shift in demand curve....
--->>> It occurs due to change in other determinants of demand rather than one commodity prices...
** Movement along a demand curve....
--->>> It creates change in quantity demanded for a commodity ....
--->>> It creates extension or contraction of demand curve.....
--->>> It occurs due to change in only own prices of the commodity and other demand determinants remains constant....
** Shift along a demand curve.....
--->>> It creates change in total demand of the commodity....
--->>> It creates rightwards or leftward shift in demand curve....
--->>> It occurs due to change in other determinants of demand rather than one commodity prices...
Answered by
3
Hello mate ^_^
=======
Answer:
=======
=> Movement from A to B is called Contraction in demand as Price rises from P0 to P1
Quantity demanded decreases from Q0 to Q1 (other determinants of Demand remain
constant)
=> Movement from A to C is called Extension in Demand as price falls from P0 to P2. Quantity
demanded rises from Q0 to Q2.
=> Shift of DC from DD’ to D1D1’ is called increase in Demand as Demand increases from Q0
to Q2, and Price remains constant at OP0.
=> Shift of Demand curve from DD’ to D2D2’ is called Decrease in Demand as Demand
decrease from Q0 to Q1.
#Be Brainly❤️
=======
Answer:
=======
=> Movement from A to B is called Contraction in demand as Price rises from P0 to P1
Quantity demanded decreases from Q0 to Q1 (other determinants of Demand remain
constant)
=> Movement from A to C is called Extension in Demand as price falls from P0 to P2. Quantity
demanded rises from Q0 to Q2.
=> Shift of DC from DD’ to D1D1’ is called increase in Demand as Demand increases from Q0
to Q2, and Price remains constant at OP0.
=> Shift of Demand curve from DD’ to D2D2’ is called Decrease in Demand as Demand
decrease from Q0 to Q1.
#Be Brainly❤️
handsome70:
call me dear
Similar questions