Which of the following results in an increase in an increase in demand:
A)Fall in prices of substitutes
B)Increase in price of complementary goods
C)Fall in consumer's income
D)None of the above

Question

Quizplus · Accepted Answer

None of the options listed would result in an increase in demand. A fall in the price of substitutes would decrease demand for the original good, an increase in the price of complementary goods would decrease demand, and a fall in consumer's income would generally decrease demand for normal goods.

Which of the Following Results in an Increase in an Increase