When only the price of the good itself changes and quantity demanded responds, it is a movement along the same demand curve, not a shift. Price fell from 10 to 6 and quantity rose from 50 to 65, which is an extension of demand, i.e., increase in quantity demanded.
The price and quantity at a point on the demand curve of a good are given as 10 and 50 respectively. If the price is changed to 6 and as a result…
CUET UG 2022 — Economics Micro
2022mcqeasy
The price and quantity at a point on the demand curve of a good are given as 10 and 50 respectively. If the price is changed to 6 and as a result quantity changes to to 65, how do you explain the change.
Official previous-year question
Verified 13 Jul 2026.
Options
- A
Increase in demand for the good
- B
Decrease in quantity demanded
- C
Decrease in demand for the good
- D
Increase in quantity demanded
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