[Solved] Movement along the same demand curve is know as -

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Q.	Movement along the same demand curve is know as -
A.	Extension and Contraction of Demand
B.	Increase and Decrease of Demand
C.	Contraction of supply
D.	Increase of supply
Answer» B. Increase and Decrease of Demand
Explanation: A shift in the demand curve is caused by a factor affecting demand other than a change in price. If any of these factors change then the amount consumers wish to purchase changes whatever the price. The shift in the demand curve is referred to as an increase or decrease in demand. A movement along the demand curve occurs when there is a change in price, This may occur because of a change in supply conditions. The factors affecting demand are assumed to be held const ant.

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