when quantity demanded decreases in response to a change in
When quantity demanded decreases in response to a change in price , it is called a movement along the demand curve, not a shift of the curve itself.
Core idea
- The law of demand says that, ceteris paribus, when the price of a good rises, the quantity demanded falls; when the price falls, the quantity demanded rises.
- A decrease in quantity demanded “in response to a change in price” means the price has gone up, so buyers move to a point with a lower quantity on the same demand curve.
Movement vs shift
- Decrease in quantity demanded :
- Caused only by a change in the good’s own price.
- Shown as a movement up and to the left along a fixed demand curve.
- Decrease in demand :
- Caused by factors like income, tastes, prices of related goods, expectations, or population.
- Shown as a leftward shift of the whole demand curve.
Typical exam-style completion
If the question is:
“When quantity demanded decreases in response to a change in ______”
the standard completion is:
“…a change in price , there is a movement along the demand curve (a decrease in quantity demanded, not a decrease in demand).”
TL;DR: When quantity demanded decreases in response to a change in price, buyers move along the existing demand curve because the price has risen.