the figure shows the demand curve for streaming subscriptions. suppose that the price of a streaming…

the figure shows the demand curve for streaming subscriptions. suppose that the price of a streaming subscription rises but all other influences on subscribers plans remain the same. show the effect in the graph. draw either an arrow on the demand curve showing the direction of change or a new demand curve. when does the demand curve shift? when does a movement occur along the demand curve? if the price of a streaming subscription rises, a ______ the demand curve occurs. if any factor that influences buying plans other than the price changes, then a ______ the demand curve occurs. a. movement up along; shift of b. movement down along; shift of c. rightward shift of; movement down along d. leftward shift of; movement up along

the figure shows the demand curve for streaming subscriptions. suppose that the price of a streaming subscription rises but all other influences on subscribers plans remain the same. show the effect in the graph. draw either an arrow on the demand curve showing the direction of change or a new demand curve. when does the demand curve shift? when does a movement occur along the demand curve? if the price of a streaming subscription rises, a ______ the demand curve occurs. if any factor that influences buying plans other than the price changes, then a ______ the demand curve occurs. a. movement up along; shift of b. movement down along; shift of c. rightward shift of; movement down along d. leftward shift of; movement up along

Answer

Brief Explanations:

A change in the price of a good or service leads to a movement along the demand curve. When price rises, quantity demanded falls and there is a movement up along the demand curve. A change in any non - price factor (such as income, tastes, prices of related goods) leads to a shift of the demand curve.

Answer:

A. movement up along; shift of