Exhibit 4-9

-Refer to the exhibit.Which of the following could NOT cause the shift from D to D'?

Question

Exhibit 4-9
 
-Refer to the exhibit.Which of the following could NOT cause the shift from D to D'?

Quizplus · Accepted Answer

The shift from D to D' represents an increase in demand. A decrease in the price of the good in question (C) would not cause the demand curve to shift; instead, it would cause movement along the demand curve. Changes in demand are caused by factors other than the price of the good itself, such as changes in consumer preferences, income, prices of related goods (complements and substitutes), and the number of consumers.

Exhibit 4-9 -Refer to the Exhibit.Which of the Following Could NOT Cause