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-Refer to the Figure Above

Question 18

Multiple Choice

  -Refer to the figure above. Which of the following could have caused the shift in the demand curve? A) an increase in the price of a substitute for Good Z B) a decrease in the expected future price of Good Z C) a decrease in the price of Good Z D) an increase in income if Good Z is an inferior good
-Refer to the figure above. Which of the following could have caused the shift in the demand curve?


A) an increase in the price of a substitute for Good Z
B) a decrease in the expected future price of Good Z
C) a decrease in the price of Good Z
D) an increase in income if Good Z is an inferior good

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