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Figure: Demand for Shoes
-(Figure: Demand for Shoes)A shift to the right of the demand curve could be caused by a(n):

Question

Use the following to answer questions 
Figure: Demand for Shoes 
-(Figure: Demand for Shoes)A shift to the right of the demand curve could be caused by a(n):

Quizplus · Accepted Answer

An increase in income would shift the demand curve to the right if the good is normal. This is because consumers will have more disposable income and can afford to purchase more of the good at any given price. A decrease in tastes or preferences (A) would shift the demand curve to the left. An increase in the price of a complement (C) would also shift the demand curve to the left as it would decrease the demand for the good. Finally, a decrease in the price of a substitute (D) would also shift the demand curve to the left as consumers would likely switch to the cheaper substitute.

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