All of the following would shift a product's demand curve except a(n):
A)increase in the price of the product.
B)decrease in consumer income.
C)increase in the price of a substitute.
D)increase in the price of a complement.

Question

All of the following would shift a product's demand curve except a(n):
A)​increase in the price of the product.
B)​decrease in consumer income.
C)​increase in the price of a substitute.
D)​increase in the price of a complement.

Quizplus · Accepted Answer

An increase in the price of the product itself would result in a movement along the demand curve, rather than a shift of the entire curve. On the other hand, a decrease in consumer income (B), an increase in the price of a substitute (C), and an increase in the price of a complement (D) would all shift the demand curve for the product.

All of the Following Would Shift a Product's Demand Curve