consider in the graph to the right the demand curve for bananas. the movement from point a to point b could…

consider in the graph to the right the demand curve for bananas. the movement from point a to point b could have been caused by a. a decrease in the price of bananas. b. a change in consumer tastes. c. an increase in the price of bananas. d. an increase in the price of oranges.

consider in the graph to the right the demand curve for bananas. the movement from point a to point b could have been caused by a. a decrease in the price of bananas. b. a change in consumer tastes. c. an increase in the price of bananas. d. an increase in the price of oranges.

Answer

Brief Explanations:

A movement along the demand curve is caused by a change in the price of the good itself. A change in consumer tastes shifts the entire demand curve. A change in the price of oranges (a related - good) would shift the demand curve for bananas if they are substitutes or complements. Here, the movement from point A to point B is a movement along the demand curve for bananas, which is caused by a change in the price of bananas.

Answer:

C. an increase in the price of bananas.