Managerial Economicsbasic
A change in a good's own price normally causes a movement along its demand curve.
Answer
true
Explanation
### Why this is right
The demand curve shows the relationship between a good's own price and quantity demanded, holding other relevant factors constant. Changing that price selects a different point on the same curve.
### The concept
A shift occurs when a non-price determinant, such as income, tastes, or the price of a related good, changes. Confusing a movement with a shift leads to incorrect descriptions of market change.
### Remember
Own price changes movement; other demand determinants shift the curve.
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