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The Following Diagram Shows the Demand Curve for a Product

Question 13

Multiple Choice

The following diagram shows the demand curve for a product shifting from D0 to D1. Which of the following could have caused this shift? The following diagram shows the demand curve for a product shifting from D<sub>0</sub><sub> </sub>to D<sub>1</sub>. Which of the following could have caused this shift?     A)  A fall in price of the product B)  A fall in price of a substitute product C)  A fall in income if the product is normal D)  A fall in price of a complementary product The following diagram shows the demand curve for a product shifting from D<sub>0</sub><sub> </sub>to D<sub>1</sub>. Which of the following could have caused this shift?     A)  A fall in price of the product B)  A fall in price of a substitute product C)  A fall in income if the product is normal D)  A fall in price of a complementary product


A) A fall in price of the product
B) A fall in price of a substitute product
C) A fall in income if the product is normal
D) A fall in price of a complementary product

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