Exhibit 1A-8 Straight line relationship

-Which of the following would cause a shift in the relationship shown in Exhibit 1A-8?
A) A fall in household incomes.
B) A fall in the price of pizza.
C) A fall in the quantity of pizza that people wish to purchase.
D) All of the above would shift the line in the graph.

Question

Exhibit 1A-8 Straight line relationship
 
-Which of the following would cause a shift in the relationship shown in Exhibit 1A-8?
A) A fall in household incomes. 
B) A fall in the price of pizza. 
C) A fall in the quantity of pizza that people wish to purchase. 
D) All of the above would shift the line in the graph.

Quizplus · Accepted Answer

A fall in household incomes would shift the demand curve for pizza, as it affects consumers' purchasing power and demand for goods. The other options would result in movement along the curve, not a shift.

Exhibit 1A-8 Straight Line Relationship