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Exhibit 4.6 -The Exhibit Given Below Shows the Market for a Good

Question 149

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Exhibit 4.6
Exhibit 4.6    -The Exhibit given below shows the market for a good. D and S are the demand curve and the supply curve, respectively. Which of the following is least likely to shift the demand curve from D to D'? A)  a decrease in the price of a complement B)  an increase in the price of a substitute C)  a decrease in the price of the good in question D)  an increase in the number of consumers E)  a decrease in income if the good in question is an inferior good
-The Exhibit given below shows the market for a good. D and S are the demand curve and the supply curve, respectively. Which of the following is least likely to shift the demand curve from D to D'?


A) a decrease in the price of a complement
B) an increase in the price of a substitute
C) a decrease in the price of the good in question
D) an increase in the number of consumers
E) a decrease in income if the good in question is an inferior good

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