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.

Asked by BOYD, Last updated: Dec 05, 2017

This question is part of

Economics Quiz 3 Microeconomics

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4 Answers

John Adney

John Adney

Answered on Oct 25, 2017

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

 Reply

John Adney

John Adney

Answered on Sep 02, 2017

A. A leftward shift in the demand curve for tea.

 Reply

Abdullahifatimoh

Abdullahifatimoh

Answered on Jan 12, 2017

A download movement along the curve for tea
 Reply

John Smith

John Smith

Answered on 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.
 Reply

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