Question

An increase in the price of a good will lead​ to: A. a movement up along the demand curve for that good. B. a leftward shift of the demand curve for that good. C. a rightward shift of the demand curve for that good. D. a movement down along the demand curve for that good.

Answer 1

A. a movement up along the demand curve for that good.

Step-by-step explanation:

An increase in price of a good leads to movement along the demand curve and not a shift in the demand curve.

If price increases, there is movement up along the demand curve.

If price falls, there is a movement down along the demand curve.

I hope my answer helps you