The possible reason for the movement from point A to point B on the figure below is changing ___.

Question

BlackTom AI · Accepted Answer

To approach this question, I’ll evaluate what each factor would typically affect on a demand or supply diagram and compare with the movement shown from A to B.
Option 1: consumer income. A change in consumer income usually shifts the demand curve entirely either to the right or to the left, indicating a change in quantity demanded at every price level, not merely a movement along a single curve from A to B. The diagram’s movement appears as a shift that could reflect a change in one determinant, but income changes tend to affect purchasing power broadly rather than producing the specific point-to-point movement shown here.
Option 2: customer tastes and/or preferences. A shift due to tastes would similarly reposition the entire demand or supply curve. While a change in preferences can move equilibrium, the diagram’s labeled points A and B and the curved path suggest movement along a constraint or feasible combination rather than a pure reorientation of tastes. This makes it a less likely single cause for the A-to-B transition in this context.
Option 3: the price of complements and/or substitutes. This factor alters the relative attractiveness of goods that are linked to each other. A change in the price of a related good (complement or substitute) can cause a shift in the demand for the good in question, or alter the supply side depending on market structure, often leading to a reallocation that aligns with a change from point A to B on a diagram like the one shown. Given the typical representation, this is a plausible cause for the A→B move.
Option 4: the price of the product. A change in the product’s own price generally causes movement along the same demand curve (a change in quantity demanded) rather than shifting from one equilibrium point to another in a way that would be labeled as a distinct A to B movement across fixed curves. In most standard graphs, a price change would create a movement along a single curve, not a shift to a new intersection point between two curves.
Thus, evaluating the options, the factor most consistent with a change that moves the system from A to B on this type of diagram is the price of complements and/or substitutes, since that kind of cross-price effect can alter the relative demand or supply leading to a new equilibrium point.
Note: The option labeled in your data as the correct answer matches this interpretation, emphasizing the role of related prices in driving the A→B movement.

ECON 2002.01 AU2025 (21333) Final Exam- Requires Respondus LockDown Browser

The possible reason for the movement from point A to point B on the figure below is changing ___.

查看解析

登录即可查看完整答案

类似问题

Figure 4-3 Refer to Figure 4-3. The shift from Da to Db is called

Which of the following would shift the demand curve for gasoline to the right?

Refer to Figure 3-1. Using the graph below and beginning on D1, a shift to D2 would indicate a(n):

Part E: A decrease in demand would be represented by a shift from D2 to

The graph above shows demand pivoting outward. Which of the following statements is correct?

MC Qu. 81 A tax on buyers will cause... A tax on buyers will cause the Blank schedule to shift Blank . BlackTom Analysis

Which of the following describes a rightward shift in the demand curve?

更多留学生实用工具

考试浏览器助手

风格化写作助手

论文查重助手

文献引用助手

课堂转译助手

课堂笔记助手

Quiz搜索助手

学校历年真题

智能刷题助手

智能匹配练习

希望你的学习变得更简单

ECON 2002.01 AU2025 (21333) Final Exam- Requires Respondus LockDown Browser

The possible reason for the movement from point A to point B on the figure below is changing ___.

查看解析

登录即可查看完整答案

类似问题

Figure 4-3 Refer to Figure 4-3. The shift from Da to Db is called

Which of the following would shift the demand curve for gasoline to the right?

Refer to Figure 3-1. Using the graph below and beginning on D1, a shift to D2 would indicate a(n):

Part E: A decrease in demand would be represented by a shift from D2 to

The graph above shows demand pivoting outward. Which of the following statements is correct?

MC Qu. 81 A tax on buyers will cause... A tax on buyers will cause the ________ Blank schedule to shift ________ Blank . BlackTom Analysis

Which of the following describes a rightward shift in the demand curve?

更多留学生实用工具

希望你的学习变得更简单

MC Qu. 81 A tax on buyers will cause... A tax on buyers will cause the Blank schedule to shift Blank . BlackTom Analysis