Which of the following will not cause a shift in the demand curve for a good?

Question

Quizplus · Accepted Answer

According to the law of demand, there is an inverse relationship between price and quantity demanded. Therefore, a change in the price of the good itself will result in a movement along the same demand curve, but it will not shift the demand curve itself. A shift in the demand curve occurs only when there is a change in one of the determinants of demand other than the price of the good itself, such as income, taste, or the prices of other related goods.

Which of the Following Will Not Cause a Shift in the Demand