Author Question: Which of the following would cause a shift in the demand curve for a good? a. An increase in ... (Read 71 times)

colton · **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.