A shift in the demand curve will occur when
A) supply shifts.
B) the price of an input used to produce the good changes.
C) consumers' income changes.
D) the price of the product changes.

Question

Quizplus · Accepted Answer

A shift in the demand curve will occur when one of the determinants of demand changes, such as consumers' income, which will lead to a decrease or increase in the demand for a good at every price level. The other options listed are determinants of supply or factors directly affecting the price of the good, which would cause a shift in the supply curve or a movement along the demand curve, respectively.

A Shift in the Demand Curve Will Occur When