Which of the following statements is true regarding a movement along a demand curve?

Which of the following statements is true regarding a movement along a demand curve?



a) It describes the relationship between quantity sold and price, assuming other factors are constant.

b) It helps determine the marginal revenue a company has to achieve in order to be profitable.

c) It takes into consideration variation in all the demand factors when plotting the demand curve.

d) It implies the profits of a company have improved significantly.

e) It is unaffected by changes in consumer tastes and their income.



Answer: A


Learn More :

Marketing

Learn More Multiple Choice Question :