Which of the following causes the demand curve for product A to shift to the left?
A) population growth that increases the number of persons consuming A
B) an increase in consumer incomes if A is a normal product
C) a decrease in consumer incomes if A is an inferior product
D) a decrease in the price of complementary product C
E) a general expectation that the price of A will decrease in the near future
Correct Answer:
Verified
Q5: Graphically,the market demand curve is:
A)steeper than any
Q6: The law of demand states that:
A)price and
Q7: Ceteris paribus,which of the following might shift
Q8: A rightward shift in the demand curve
Q9: If the price of K declines,the demand
Q11: The demand curve for a product may
Q12: Which of the following does not cause
Q13: The demand curve shows the relationship between:
A)consumer
Q14: Digital music players and digital music are:
A)free
Q15: An increase in demand means that:
A)the price
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