Which of the following will not lead to a shift in the demand curve?
Which of the following will not lead to a shift in the demand curve?
an increase in price.
a change in tastes and preferences.
an increase in income.
a change in the price of a substitute good.
Homework Answers
Ans: an increase in price.
Explanation:
A change in the price of the good leads to movement along the demand curve, whereas any change in factors other than the price of the good leads to shift of the demand curve.
Add Answer to:
Which of the following will not lead to a shift in the demand curve?
Which of the following factors DOES NOT lead to a shift in the demand curve for...
Which of the following factors DOES NOT lead to a shift in the demand curve for a particular product? Its Price Prices of other goods Income Tastes and Trends
Indicate which of the following will cause a movement along a demand curve. Which will shift...
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....
1. A change in tastes will do which of the following? a. Shift the demand curve...
1. A change in tastes will do which of the following? a. Shift the demand curve to the right b. Result in healthier choices c. Lead to more uniform goods being produced d. Shift the demand curve 2. What are complementary goods? a. Complements are goods for which an increase in the price of one of the goods results in a decrease in the demand for the other. b. Complements are goods for which an increase in the price of...
9. A shift to the right of the demand curve could be caused by a(n): A...
9. A shift to the right of the demand curve could be caused by a(n): A decrease in tastes or preferences. B decrease in the price of a substitute. C increase in income if the good is normal. D increase in the price of a complement. 10. Suppose that summer in a resort town is very rainy. We can expect demand to shift and the equilibrium price for hotels to . A left; fall B left; rise C right; fall...
The following are factors that could possibly Shift Up the current Demand Curve for certain good...
The following are factors that could possibly Shift Up the current Demand Curve for certain good X, EXCEPT: Question options: An increase in income, assuming x is a normal good. An increase in price of a complement for good x. An increase in the price of a substitute for good x. An expected future increase in price per unit of good x.
Which of the following will shift the supply curve to the right? a) A change in...
Which of the following will shift the supply curve to the right? a) A change in consumer tastes and preferences. b) Government regulation of production. c) A decrease in the price of inputs to production.
How will shift right in supply affect equilibrium price, assuming demand remains constant? a. increase b....
How will shift right in supply affect equilibrium price, assuming demand remains constant? a. increase b. decrease c.will not affect it d. cannot be determined According to the law of demand, if the price of a good decreases, its Qd? a. decreases b. increases c. goes to zero d. stays constant According to the income effect, price changes equal changes in? a. money income b.real income c.demand d. utility on the demand curve a chance in price leads a. no...
An increase in demand A.Results in a leftward shift of the demand curve. B.could be caused...
An increase in demand A.Results in a leftward shift of the demand curve. B.could be caused by an increase in the price of a substitute good C. could be caused by a decrease in the price of the good D. is shown as movement down along a demand curve.
Assume the demand curve for product X shifts to the right. This might be caused by...
Assume the demand curve for product X shifts to the right. This might be caused by :Select one .a. a change in consumer tastes that is unfavorable to X D b. an increase in the price of Y if X and Y are complementary goods .c. a decline in income if X is an inferior good .d. a decline in the price of Z if X and Z are substitute goods A decrease in the price of digital cameras will...
Which of the following events could have caused the demand curve to shift? Figure 2.5 Price...
Which of the following events could have caused the demand curve
to shift?
Figure 2.5 Price $10- 0 2 4 6 5 10 Quantity 75. (Figure 2.5) Which of the following events could have caused the demand curve to shift? I. The price of a substitute good decreased. II. The price of a complement good increased. III. The income of consumers increased. IV. The number of buyers in the market increased. A) B) C) D) I, II, III and IV...
Assume the demand curve for product X shifts to the right. This might be caused by :Select one .a. a change in consumer tastes that is unfavorable to X D b. an increase in the price of Y if X and Y are complementary goods .c. a decline in income if X is an inferior good .d. a decline in the price of Z if X and Z are substitute goods A decrease in the price of digital cameras will...
Which of the following events could have caused the demand curve
to shift?
Figure 2.5 Price $10- 0 2 4 6 5 10 Quantity 75. (Figure 2.5) Which of the following events could have caused the demand curve to shift? I. The price of a substitute good decreased. II. The price of a complement good increased. III. The income of consumers increased. IV. The number of buyers in the market increased. A) B) C) D) I, II, III and IV...
Most questions answered within 3 hours.
-
The extent to which assets are financed by borrowed funds and
other liabilities is indicated by:...
asked 56 minutes ago -
Explain in detail
Germany is the fifth largest economy
explain what goods and services Germany specializes...
asked 1 hour ago -
The density of platinum is 21.45 g/mL. If a cube of platinum
with a mass of...
asked 1 hour ago -
Accounts Receivable
Sales
A/R Posting
Extended Sales Invoice
Packing Slip
Compare invoice to packing slip 2...
asked 1 hour ago -
Michaella, age 23, is a full-time law student and is claimed by
her parents as a...
asked 1 hour ago -
Why are polymers not typically casted into products?
asked 1 hour ago -
When rolling a die 129 times, what is the probability of rolling
a 6 no more...
asked 1 hour ago -
4. A call option currently sells for $7.75. It has a strike
price of $85 and...
asked 1 hour ago -
1.
You need to prepare 10.0 liters of an acid aqueous solution with a
pH of...
asked 1 hour ago -
Along an aggregate supply curve, if the level of output is less
than the natural level...
asked 1 hour ago -
By 2025, annual consumption in emerging markets will total $30
trillion and contribute more than ________...
asked 1 hour ago -
At what point does reformation cease to be a viable option for
those who are oppressed...
asked 1 hour ago