causes a movement along the MRP curve: -wage rate causes a shift of the MRP curve: -price of capital -changes in productivity -changes in the price of the firm's product -demand for the product
An increase in demand is represented by a shift of the demand curve to the right; not a movement along the demand curve. An increase in the quantity demanded would be a movement down the demand curve.
explain graphically the movement along the demand curve
The upward movement of the demand curve indicates the rising demand of the product, whereas downward movement of the demand curve indicates falling demand.
The causes of change in demand is due to the rise and fall of price.
causes a movement along the MRP curve: -wage rate causes a shift of the MRP curve: -price of capital -changes in productivity -changes in the price of the firm's product -demand for the product
causes a movement along the MRP curve: -wage rate causes a shift of the MRP curve: -price of capital -changes in productivity -changes in the price of the firm's product -demand for the product
An increase in demand is represented by a shift of the demand curve to the right; not a movement along the demand curve. An increase in the quantity demanded would be a movement down the demand curve.
explain graphically the movement along the demand curve
The upward movement of the demand curve indicates the rising demand of the product, whereas downward movement of the demand curve indicates falling demand.
The causes of change in demand is due to the rise and fall of price.
A change in consumer's tastes leads to a shift in the demand curve. A change in price leads to a movement along the demand curve.
A change in consumer's tastes leads to a shift in the demand curve. A change in price leads to a movement along the demand curve.
Distinguish between the movement along the demand curve and shift in demand curve with the assistance of suitable graphs and explanations?
what causes your bowel movement to be short in length
reduction in price causes more change in demand
A movement along the demand curve for toothpaste would be caused by an increase or decrease in the price of toothpaste. This change would then lead to a change in the quantity demand.