Which situation describes a shift in demand rather than a movement along the curve?

选项

A.Changes in consumer preferences.

B.A change in the price of the product.

C.Seasonal changes affecting sales.

D.A change in consumer income.

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思路分析

To determine whether a situation causes a shift in demand or a movement along the demand curve, we need to distinguish between non-price determinants and price changes. Option 1: Changes in consumer preferences. This is a classic non-price determinant of demand. When tastes or preferences shift in favor of a good, the entire demand curve ......Login to view full explanation

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