Question

If the market price moves from one point on a demand curve to another point on the curve what has happened to the market demand?

1.The total market demand has been adjusted by a change
2.The total market demand has increased.
3. The total market demand has decreased.
OO
4. The total market demand has not changed ​
the demand has been adjusted by a change in supply

Answer 1

4. The total market demand has not changed ​

the demand has been adjusted by a change in supply

Step-by-step explanation:

Movement along a demand curve results from changes in the price of the product. Supply influences price change. Movement along a demand curve means the quantity demanded has increased or decreased due to a price change.

A total change in demand is when the quantity demanded changes at all prices. Changes in customers' preferences or a change in the prices of compliment or supplement products make the entire demand change.

A shift in the demand curve demonstrates a total chan