Question:

Demand vs Quantity Demanded?

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For each of the following changes, determine whether there will be a movement along the demand curve (a change in quantity demanded) or a shift in the demand curve (a change in demand). Write "D" for a change in demand and "QD" for a change in quantity demanded.

a. a change in the price of a related good ?

b. a change in tastes ?

c. a change in the number of buyers ?

d. a change in price ?

e. a change in expectations ?

f. a change in income

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1 ANSWERS


  1. a. QD
    b. D
    c. D
    d. QD
    e. D
    f.D

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