Which of the following is likely to cause the demand curve for a good to shift inwards?
A) A decrease in the price of a complementary product.
B) A research report that states that the good is unsafe for consumption.
C) An increase in the price of a substitute product.
D) The expectation that the future price of the product will increase.

Question

Quizplus · Accepted Answer

A research report stating that a good is unsafe for consumption would likely decrease consumer demand for that good, causing the demand curve to shift inwards. This is because consumers would be less willing to buy a product that is considered unsafe.

Which of the Following Is Likely to Cause the Demand