in moving along a demand curve which of the following is not held constant course hero

Which of the following is not held constant when moving along a supply curve?

The correct answer is (C) the price of the good itself.

What is constant when moving along a demand curve?

The demand curve plots the quantity demanded of a curve at each possible price level. It assumes all other variables such as income, preferences, and the number of buyers is constant.

What factors are held constant along the demand curve?

The relationship between price and quantity demanded reflected in this schedule assumes the following factors remain constant:Income levels;Population;Tastes and preferences;Price of substitute goods; and.Price of complementary goods.

Which of the following is consistent with the law of demand?

Answer: The increase in the quantity of goods and services purchased due to a reduction in the market price is consistent with the law of demand.Mar 19, 2021

What is movement along curve versus shift of curve?

When the curve is affected due to the price change, we see a movement along the curve. However, when the curve is affected due to any change other than any change in the price of a given product, we see the shift of the curve itself.

Which variable does not shift the demand curve?

A change in the price of a good or service causes a movement along a specific demand curve, and it typically leads to some change in the quantity demanded, but it does not shift the demand curve.

Which of the following are factors that are held constant for the demand curve to not change?

Five ceteris paribus factors that affect demand, but which are assumed constant when a demand curve is constructed. They are buyers' income, buyers' preferences, other prices, buyers' expectations, and number of buyers. Changes in the demand determinants cause shifts of the demand curve and disruptions of the market.

Which of the following Cannot result in a shift of the demand curve for a good?

The correct answer is C. A change in the price of a good does not shift the demand curve.

Which of the following is not a determinant of demand?

Price is not a determinant of demand, thus a change in price does not cause demand to increase or decrease. If the price of new cars changes, ceteris paribus, there will be a change in the quantity demanded and a movement along the demand curve.

Which of the following causes a movement along a supply curve?

Therefore, a movement along the supply curve will occur when the price of the good changes and the quantity supplied changes by the original supply relationship. In other words, a movement occurs when a change in quantity supplied is caused only by a change in price and vice versa.

Which of the following would cause movement along the supply curve?

The answer to this question is: A) A change in price. Movements along the supply curve are caused by changes in the price of the product.

Which of the following is consistent with the law of demand hamburgers?

The answer is C. An increase in the price of hamburgers causes buyers to buy fewer hamburgers.