which of the following influences quantity demanded and varies moving along a demand curve?
a. the price of the good
b. the prices of related goods
c. income
d. preferences

Question

06-09-2021
Business

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which of the following influences quantity demanded and varies moving along a demand curve?
a. the price of the good
b. the prices of related goods
c. income
d. preferences

Sagot :

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Andromacheidn Andromacheidn · Answer 1 · 2021-09-13T11:10:48-04:00

The price of the good impact the quantity demanded and changes when the demand curve moves.

The following information should be considered:

The demand curve shows two things i.e. price of the good and the quantity demanded.
The price should be shown on the vertical axis and the quantity demanded shown on the horizontal axis.

Therefore all other options are incorrect.

Hence, we can conclude that the price of the good impact the quantity demanded and changes when the demand curve moves.

Learn more about the demand curve here: brainly.com/question/21220153

Sagot :

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