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In Business / High School | 2025-07-04

If the market price moves from one point on a demand curve to another point on the curve, what has happened to total market demand?
A. The total market demand has not changed.
B. The total market demand has increased.
C. The total market demand has been adjusted by a change in supply.
D. The total market demand has decreased.

Asked by norbertoacevedojr

Answer (2)

When the market price moves along a demand curve, it affects the quantity demanded but does not change the total market demand. Therefore, the correct answer is A: The total market demand has not changed. This distinction is crucial in understanding demand curves in economics.
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Answered by Anonymous | 2025-07-04

When the market price moves along a demand curve, it reflects a change in quantity demanded rather than total market demand. Total market demand remains unchanged unless influenced by factors like consumer preferences. Therefore, option A is correct. ;

Answered by GinnyAnswer | 2025-07-04

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