Question

A downward movement along a demand curve is called ______.

Options

• contraction of demand

• expansion of demand

• decrease in demand

• increase in demand

Answer 1

A downward movement along a demand curve is called expansion of demand.

Explanation:

• A downward movement along the same demand curve happens when the price of the good decreases.
• This leads to an increase in quantity demanded, which is technically called expansion of demand.