172k views
4 votes
When the price of a good or service changes,a. the demand curve shifts in the opposite direction.b. the supply curve shifts in the opposite direction.c. the supply curve shifts in the same direction.there is a movement along a given supply curve

User Matthewr
by
8.2k points

1 Answer

3 votes

Answer:

There is a movement along a given supply curve.

Step-by-step explanation:

When the price of a good or service changes, consequently there are several factors that will influence demand. Some of them are the quantity demanded, which due to a price change may increase or decrease compared to the original demand. Therefore, this is a factor that will influence a movement along the demand curve.

User RussellStewart
by
7.5k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.