A change in __________ would probably cause a change in the demand curve for a product.
A) advertising expenditures
B) the economy
C) competitors' prices
D) the price of related goods
E) all of these

Question

Quizplus · Accepted Answer

All of these factors can affect the demand curve for a product. Advertising expenditures can increase consumer awareness and desire for a product, leading to an increase in demand. Economic factors such as changes in income or consumer confidence can also affect demand. Competitors' prices can impact demand, as consumers may switch to a lower-priced substitute. Finally, the price of related goods (such as a complementary good like coffee and cream) can affect demand for a product.

A Change in __________ Would Probably Cause a Change in the Demand