Asked by Mohamed Hussien on May 12, 2024

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Refer to Figure 2-15. Is a move from point A to point R considered a shift of the curve or a movement along the curve?

Curve Shift

A movement of the supply or demand curve to the left or right, indicating a change in the market conditions.

Movement Along

Changes in the quantity demanded or supplied resulting from a change in price, illustrated by a movement along a demand or supply curve.

  • Analyze and interpret the dynamics of supply and demand curves.
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CS
Claudia SerranoMay 15, 2024
Final Answer :
shift of the curve