question archive An increase in _____ will cause a movement along a given demand curve, which is called a change in _____
An increase in _____ will cause a movement along a given demand curve, which is called a change in _____
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An increase in _____ will cause a movement along a given demand curve, which is called a change in _____.
a. supply, demand
b. supply, quantity demanded
c. demand, supply
d. demand, quantity supplied
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b. supply, quantity demanded.
Reason: An increase in supply will lead to a rightward shift in the supply curve, which in turn would lead to a new point of intersection between the supply and demand curve. At this new point of equilibrium the price will decrease and as a result the quantity demanded may increase. Thus increase in supply curve will cause a movement along the demand curve, leading to change in quantity demanded of the good.
