A Movement Along a Demand Curve Is

question 270

Multiple Choice

A movement along a demand curve is

• A) a change in demand and can be caused by a change in consumers' income.
• B) a change in the quantity demanded and is caused by a change in the price of the good.
• C) a change in the quantity demanded and can be caused by a change in consumers' income.
• D) a change in demand and is caused by a change in the price of the good.

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Definitions:

Proprietorship

A business owned by one person.

Partnership

A business owned by two or more persons associated as partners.

Return on Equity

Return on Equity (ROE) measures a company's profitability by revealing how much profit a company generates with the money shareholders have invested.

Net Income

This is the amount of earnings left after all expenses and taxes have been subtracted from revenue.