Which of the following will cause a demand curve to shift to the left?Shifting the Aggregate Demand Curve
The aggregate demand curve tends to shift to the left when total consumer spending declines. 2 Consumers might spend less because the cost of living is rising or because government taxes have increased.
Which of the following would cause the demand curve for a product to shift to the right today?Increases in demand are shown by a shift to the right in the demand curve. This could be caused by a number of factors, including a rise in income, a rise in the price of a substitute or a fall in the price of a complement.
Which of the following will cause the demand curve for product A to shift to the?Answer and Explanation: Option B. ( an increase in money income if A is an inferior good) is correct. This is a correct option because when a product tends to be a inferior good, the demand of that product falls with the rise in money income.
What are 3 things that will cause the demand curve to shift?Other factors that shift demand curves. Changing tastes or preferences.. Changes in the composition of the population.. Related goods.. Changes in expectations about future prices or other factors that affect demand.. |