All of the following,except one,would increase the demand for a particular model of a Ford automobile.Assume that this model is a normal good.Which is the exception?
A) an increase in buyers' incomes
B) increased prices of other Ford models
C) an expected future increase in the price
D) an increase in the U.S.population
E) a decrease in the price of steel

Question

Quizplus · Accepted Answer

A decrease in the price of steel is unrelated to the demand for a particular model of a Ford automobile. The other four choices would all lead to an increase in demand for the model.

All of the Following,except One,would Increase the Demand for a Particular