HELP!!!
Which will not, ceteris paribus, cause the demand curve for good A to shift?
| a. |
a change in the price of B, a complement |
b. |
an increase in average income |
c. |
a change in the price of A |
d. |
a change in the price of C, a substitute |
Answer:
C " a change in the price of A "
If price of good A changes, change will happen on same demand curve.
But if there are changes in price of complement goods or substitute good, or increase in income, would shift demand curve
HELP!!! Which will not, ceteris paribus, cause the demand curve for good A to shift? a....
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