Which of the following can change without shifting either demand or supply, ceteris paribus?
Group of answer choices
a Incomes.
b Expectations.
c The prices of other goods.
d The price of the good itself.
Before answer this question ,let us have a brief difference between quantity demand and demand
Quantity demanded arises when the only factor present is price
When there is more than other than price like income level, expectation ,price of other goods then there will be change in whole demand
Change in whole demand is shown by the shift of the demand curve change in
Quantity demand is shown by the movement of the demand curve
So in the given question, it is talking about the shifting the factors that are
incomes
expectation and
Price of Other goods that we also called substitutes
But if the factor present is only price of the good itself then there will be not shifting but the movement
So the correct answer here is option d
Which of the following can change without shifting either demand or supply, ceteris paribus? Group of...
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