Which of the following will cause a rightward shift of the demand curve?
A) a decrease in the cost of production
B) a decrease in the price of the good
C) an increase in the expected future price of the good
D) all of the above

Question

Quizplus · Accepted Answer

An increase in the expected future price of the good will cause consumers to want to buy more of the good now before the price increase, resulting in a rightward shift of the demand curve. A decrease in the cost of production would shift the supply curve to the right, not the demand curve. A decrease in the price of the good would cause a movement along the demand curve, not a shift. Therefore, only option C would cause a rightward shift of the demand curve.

Which of the Following Will Cause a Rightward Shift of the Demand