In an essay of at least 250 words, address all of the following questions:
What is the difference between a shift in the demand curve and movement along the demand curve? Choose a product to use as an example and describe something specific that might cause its demand to shift. Also explain something specific that might cause movement to another point on the same demand curve. Be careful to review chapter 3 before answering this question so you can be confident in your answers.
Your essay is worth one point and must be posted by 11:59 PM on Sunday, September 20. In addition, reply constructively to at least two classmates’ posts by 11:59 PM on Wednesday, September 23. Each of your first two posts is worth one additional point.