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CMA 694 1-13: what do you call the movement along the demand curve from one price-quantity combination to another?

A - Change in demand. B - Shift in the demand curve. C - Change in the quantity demanded. D - Increase in demand.

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تم إضافة السؤال من قبل محمد الباجوري , Senior ERP Consultant & ERP Project Manager , XERVON GmbH
تاريخ النشر: 2013/06/25
Khaled Abdelrehim ACCA DipIFR CMA
من قبل Khaled Abdelrehim ACCA DipIFR CMA , Financial Analysis Assistant General Manager , Khalda Petroleum Company

Change in demand.

Kokab Rahman
من قبل Kokab Rahman , Managing Director, Head of Business Development , Radeya Business Services http://www.radeya.biz

A - Change in demand.
Demand changes with price.
The demand curve shows that the higher the price, the lower the demand and the lower the price the higher the demand.
This is known as change is demand.

Subhranshu Ganguly
من قبل Subhranshu Ganguly , Quality Analyst. , WIPRO

Option C cahnge in quantity demanded is correct. The demand curve shows what quatity is demanded at what price. When there is a change in price there is a change in quantity demanded. When there is a change in any3rd factor then there is cahnge in demand.

Jay Fresnido
من قبل Jay Fresnido , Total Rewards Analyst (Assistant Manager Level) , Al Futtaim Group

Answer (C - Change in the quantity demand) is correct.
The demand curve represents the relationship between the prices of a commodity and the quantity demanded at those prices, holding other determinants of the quantity demanded constant.
Movement along a demand curve reflects a change (increase or decrease) in the quantity demanded.

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