ent3 3 697100 1282016 1105 PM PrintCalculator Periodic Table

ent3 3 69.7/100 1/28/2016 11:05 PM PrintCalculator Periodic Table Question 10 of 32 sapling learing 3 describing a movement along a demand curve or a shift of the demand curve Movement Along the Demand Curve Categorize each scenario as describing a movement along a demand Shift of the Demand Curve dents rush and buy discount furniture College students purchase many more to take advantage of a one-day sale.eyrinks during finals week than during College students rush and buy discount furniture the rest of the semester. Students eat out more often as the federal College students reduce how much government increases how much grant detergent they use for each load of lau money it provides students. in response to higher detergent prices y Hint Previous Check Answer Next Exit

Solution

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Answer 1:(clockwise)

Case 1: Students buying furniture as a result of one day sale is a \"movement along the demand curve\", because during the sale the prices of furniture is reduced therefore leading to an increase in quantity demanded along the same demand curve.

Case 2: Students buying more energy drinks is a \"shift of demand curve\", because due to the taste and preference of the students, they are willing to buy more drinks at the same price which will shift the demand curve for the drinks outwards.

Case 3: Students eating out more as a result of increase in grant also represents \"a shift in demand curve\", which is due to rise in income level/budget.

Case 4: Reducing the use of detergent as a result of increase in price shows a \"movement along demand curve\", as the price of the detergent increases the demand for detergent reduces along the same demand curve.