The Only Variable That Can Affect a Movement Along the Demand

question 349

Multiple Choice

The only variable that can affect a movement along the demand curve is

• A) income levels.
• B) the price of the good itself.
• C) the number of buyers.
• D) the number of substitutes.

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Definitions:

Physiological Component

Refers to the physical and biological aspects that contribute to an organism's functions and processes.

Behavioural Component

The aspect of attitudes which pertains to the way we act or behave towards an object or situation.

Autonomic Arousal

The activation of the autonomic nervous system, which can result in physiological reactions such as increased heart rate or sweating, often due to stress or excitement.

Physiological Component

Refers to the aspects of processes, functions, and activities of living organisms that can be measured and studied.