Which of the following will NOT lead to an increase in demand for a normal good?
A) an increase in income
B) an increase in the price of an input
C) a decrease in the price of a complement good
D) an increase in the number of consumers

Question

Quizplus · Accepted Answer

An increase in the price of an input would lead to a decrease in supply and potentially an increase in price. However, it would not directly affect the demand for the good. Increases in income (A), decreases in the price of complement goods (C), and increases in the number of consumers (D) would all lead to increases in demand for a normal good.

Which of the Following Will NOT Lead to an Increase