Get premium membership and access revision papers with marking schemes, video lessons and live classes.
  OR
Processing. Please wait.

 Form 3 Business Studies: Demand and supply online lessons

Movement along the demand curve and shift in demand

 (5m 3s)
845 Views     SHARE

Download as pdf file

Answer Text:
Movement along the demand curve and shift in demand:
-Movement along the demand curve leads to reduction or increase in quantity demanded and is caused by changes in prices.
figdemand21720201120.JPG
Shift in demand curve:
-A shift in demand curve refers to the movement of the whole demand curve from its existing position to a new position. It is caused
by other factors other than price.
figdemand21720201121.JPG


|