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Author Question: Which of the following would cause a shift in the demand curve for a good? a. An increase in ... (Read 23 times)

colton

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on: Jun 30, 2018
Which of the following would cause a shift in the demand curve for a good?
 a. An increase in consumers' income.
  b. A decrease in the number of consumers.
  c. The expectation that the price of a good will increase in the future.
  d. All of these.

Question 2

An increase in demand:
 a. results in a leftward shift of the demand curve.
  b. could be caused by a decrease in the price of the good.
  c. could be caused by an increase in the price of a substitute good.
  d. is shown as movement down along a demand curve.


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jliusyl

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Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

c


colton

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

atrochim

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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