-Refer to the above diagram,which shows three demand curves for coffee.Which of the following would cause the change in the demand for coffee illustrated by the shift from D1 to D3?
A) a decrease in the price of tea
B) an increase in consumer incomes
C) a decrease in the price of sugar
D) a technological improvement in the production of coffee
Correct Answer:
Verified
Q30: If the price of product L increases,
Q33: If X is a normal good, a
Q34: Tennis rackets and ballpoint pens are:
A) substitute
Q44: If consumer incomes increase, the demand for
Q61: If the demand curve for product B
Q62: If the demand for a normal good
Q63: If an increase in consumer incomes causes
Q67: Which of the following will cause the
Q71: Which factor will increase the demand for
Q79: If two goods are complements:
A)they are consumed
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents