A rise in the price of a good changes

the quantity demanded, a movement along the demand curveCorrect answerYour answerthe position of the demand curveCorrect answerYour answerthe consumer's tastesCorrect answerYour answerthe consumer's incomeCorrect answerYour answer

Show the answer and explanation

CorrectNot quiteAnswer A

Correct answer: A

The good's own price is on the axis of the demand curve; changing it moves the buyer along the curve.

Concept: Own price and quantity demanded
Typical timeTypical: 40 s
Your timeYours: —

The rule this testsDeterminants of demand

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A rise in the price of a good changes

Explanation