Document page
Economics IGCSEPDF 23
118 pagesrevision 46932
PDF 23
Page image rendered from the stored file at 110 dpi; it sharpens as you zoom. Outlines are placed from each region’s stored position on the page (612 × 792 pt).
readable
Source of this text: embedded text layer. The better of the embedded text and OCR is kept.
Changes in Quantity Demanded (Movement Along the Curve)
only
price of the good itself.
Changesin quantitydemandedarecaused
bya change inthe
Thisresults inamovementalongtheexistingdemand curve.
Extension in Demand : an increase in quantity demanded due to decrease in price - it is shown
as a movement down the demand curve
Contraction in Demand : a decrease in quantity demanded due to an increase in price - it is
shown as a movement up the demand curve