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Question
Statistics
Posted 7 months ago

Which of the two following movements in this graph would represent an increase in quantity demanded but not a change in demand?
The demand for Good XX

Choose 1 answer:
(A) From point SS to point TT
(B) From point RR to point UU
(C) From point UU to point TT
(D) From point SS to point UU
(E) From point SS to point RR
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Answer from Sia
Posted 7 months ago
Solution by Steps
step 1
Identify the nature of the movement between points on the demand curve. An increase in quantity demanded without a change in demand implies a movement along the same demand curve
step 2
Analyze the answer choices to determine which represents a movement along the same demand curve. Movements from one demand curve to another (e.g., D1 to D2) would indicate a change in demand, not just in quantity demanded
step 3
Locate the points that are on the same demand curve and show a movement that corresponds to an increase in quantity (higher Q) without an increase in price (constant or lower P)
step 4
Compare the coordinates of the points to find the correct movement. Point S (3, 7) to point R (4, 7) shows an increase in quantity demanded (from 3 to 4) without a change in price (constant at 7), which is a movement along the same demand curve D1
Answer
E
Key Concept
Movement along a demand curve
Explanation
An increase in quantity demanded without a change in demand is represented by a movement along the same demand curve, which means the price remains constant while the quantity increases

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