Answer to Question #172324 in Microeconomics for Tayyaba

Question #172324

Explain the following cases through graph.

Does a change in consumers’ preferences lead to a movement along the demand curve or a shift in the demand curve?


1
Expert's answer
2021-03-17T19:19:41-0400

A change in consumer preferences makes there be a shift in the demand curve rather than movement in the demand curve.











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