How do you decide whether to change a point on demand curve or to shift the whole curve?

Changes in price mean a shift along the curve, changes other than the price of a good (e.g. change in price of a substitute good) shift the demand curve. 

Answered by Mahnoor J. Economics tutor

1557 Views

See similar Economics A Level tutors

Related Economics A Level answers

All answers ▸

Why is a firm's average revenue equal to their marginal revenue in perfect competition?


How can the government use Demand side policies to boost economic growth


Please outline the fundamental Kalam and evaluate its weaknesses


What are negative externalities?


We're here to help

contact us iconContact usWhatsapp logoMessage us on Whatsapptelephone icon+44 (0) 203 773 6020
Facebook logoInstagram logoLinkedIn logo

© MyTutorWeb Ltd 2013–2025

Terms & Conditions|Privacy Policy
Cookie Preferences