Question

If more people attend movies because ticket prices decrease, this is an example of ______.

Options

• Shift to the right of the demand curve

• Movement along the demand curve (expansion)

• Shift to the left of the demand curve

• Contraction of supply

Answer 1

If more people attend movies because ticket prices decrease, this is an example of movement along the demand curve (expansion).

Explanation:

Expansion occurs when quantity demanded increases due to a fall in price, representing a movement along the curve.