JAMB Economics 2014 Objective — Question 9
Question 9 of 50 from the Joint Admissions and Matriculation Board (JAMB) Economics 2014 Objective paper, with the correct answer and a full explanation.
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A change in demand for a normal good implies that there is a
- A. change in the price elasticity of demand
- B. change in the quantity demanded as price changes
- C. shift in the demand curveCorrect
- D. movement along a given demand curve
Explanation
A change in demand means a shift in the demand curve either leftward or rightward, unlike a change in quantity demanded, which is a movement along the curve.
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