Log in
Economics
1
answer
0
watching
86
views

Which of the following will not, ceteris paribus, cause the demand curve for good A to shift:
a. A change in the price of good A
b. A change in the level of income
c. A change in the price of good C, a substitute
d. An increase in average income

Watch
1
answer
0
watching
86
views

For unlimited access to Homework Help, a Homework+ subscription is required.

Sonia Dhawan
Sonia DhawanLv10
24 Sep 2020

Unlock all answers

Get 1 free homework help answer.
Already have an account? Log in
Share

Related textbook solutions

Principles of Economics
2nd Edition, 2017
Openstax
ISBN: 9781947172364
Principles of Macroeconomics
2 Edition,
Openstax
ISBN: 9781947172388
Principles of Microeconomics
2 Edition,
Openstax
ISBN: 9781947172340

Related questions

Which of the following will NOT shift the demand curve?

    1. Decrease in income tax

    2. Increase in price of good

    3. Decrease in price of substitute good

    4. A change in consumer tastes and preference

Which of the following will not cause a shift in the demand curve for a good?
a. A decrease in the price of a good
b. An increase in the consumer's desire or taste for the good
c. An increase in the price of a substitute good
d. An increase in consumers' income.

Choose the correct option for the below question :

According to the law of demand, during a given period of time, the quantity of a good demanded

1. Increases as its price rises, ceteris paribus.

2. Increases as its price falls, ceteris paribus.

3. Decreases as its price falls, ceteris paribus.

4. Does not change when price changes.



Weekly leaderboard

Home
Homework Help 3,900,000
Economics 400,000
Start filling in the gaps now
Log in