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-Refer to the Figure Above

Question 20

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

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