Question

Which will cause a movement down along a demand? curve?

A. a fall in the price of the product
B. a rise in the price of the product
C. a fall in the price of a complement product
D. a rise in the price of a substitute product
E. an increase in income

Answer 1

A movement down along a demand curve is caused by a rise in the price of the product.

Step-by-step explanation:

A movement down along a demand curve is caused by a rise in the price of the product. When the price of a product increases, consumers are less willing to buy it, resulting in a decrease in quantity demanded and a movement down the demand curve.

In contrast, a fall in the price of the product will cause a movement up along the demand curve, as consumers are more willing to buy the product at a lower price.