Which of the following will not cause a shift in the demand for resource X?
A) a decline in the price of resource X
B) an increase in the price of the product that resource X is producing
C) a decrease in the price of substitute resource Y
D) an increase in the productivity of resource X

Question

Quizplus · Accepted Answer

A decline in the price of resource X will not shift the demand curve for resource X; instead, it will cause a movement along the demand curve, changing the quantity demanded.

Which of the Following Will Not Cause a Shift in the Demand