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Which of the following would not shift the demand curve for beef?

1. Change in the income of the consumers

2. Change in price of its substitute good

3. Change in price of beef

4. Change in preferences of the consumers

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Sonal Bahl
Sonal BahlLv10
29 Aug 2020

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Related questions

Which of the following would NOT shift the demand curve for beef?

a) a widely publicized study that indicated beef increases one's cholesterol.
b) a reduction in the price of beef.
c) an effective advertising campaign by pork producers.
d) a change in the incomes of beef consumers.

The price of corn rises. Corn is used to feed cattle. The price of fish falls (consumers consider fish a substitute for beef)

So how does this change affect the demand and supply curve? And the equilibrium price and quantity?

Given that chicken and beef are substitute goods, if the price of chicken decreases substantially, there would be:

a. an increase in the supply of chicken.

b. an increase in the quantity demanded of beef.

c. no change in the demand for beef.

d. an increase in the demand for beef.

e. a decrease in the demand for beef.

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