Which of the following would cause a shift in the demand curve for a good?

Question

Quizplus · Accepted Answer

Option A shifts the demand curve to the right because as consumers' income increases, their ability and willingness to buy a good at any given price also increases.

Option B shifts the demand curve to the left because as the number of consumers decreases, the total quantity demanded of a good at any given price also decreases.

Option C shifts the demand curve to the right because if consumers expect the price of a good to increase in the future, they will buy more of it now at its current lower price, which increases demand.

Therefore, all of the options above cause a shift in the demand curve.

Which of the Following Would Cause a Shift in the Demand