Question

Indicate which of the following will cause a movement along a demand curve. Which will shift the demand curve to the left? Which will shift the demand curve to the right? Will demand increase or decrease?

DRAG AND DROP TO MATCH. MATCH LETTERS TO NUMBERS e.g. 1A, 2B, 3F, 4C, 5E

1. An increase in the price of the good

2. An increase in income for a normal good

3. A decrease in the price of a substitute good

4. Expectations of falling income in the near future

5. Expectations of rising prices in the near future


A. A movement along a demand curve, no change in demand
B. Shift the demand curve to the left and a decrease in demand (if the good is normal)
C. Shift the demand curve to the right and an increase in demand now
D. Shift the demand curve to the right and an increase in demand
E. Shift the demand curve to the left and a decrease in demand

Answer 1

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