Which of the following is the result of a decrease in the price tea, - ProProfs Discuss
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Which of the following is the result of a decrease in the price tea, other things being equal?
A. A leftward shift in the demand curve for tea.
B. A downward movement along the demand curve for tea.
C. A rightward shift in the demand curve for tea.
D. An upward movement along the demand curve for tea.

This question is part of

Economics Quiz 3 Microeconomics
Asked by BOYD, Last updated: Feb 11, 2020

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3 Answers

John Adney

John Adney

Answered Oct 25, 2017

There would be an upward movement on the demand curve for tea

 

Abdullahifatimoh

Abdullahifatimoh

Answered Jan 12, 2017

A download movement along the curve for tea
 

John Smith

John Smith

Answered Sep 10, 2016

A downward movement along the demand curve for tea.
Because demand curves have a negative slope, as the price declines, the quantity demanded will increase.
 

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