Answer to Question #228918 in Microeconomics for Cebo

Question

Distinguish between a movement along the demand curve and a shift of the demand curve.

Answer 1

movement along demand curve tends to because of price change. Price change to P2 from P1 contributes to the movement to point B from A.

shift in demand curve happens when in every price level, demanded quantity increase to D2 from D1. This implies when price never changes shift in demand curve will result to increase or decrease in demand.