All of the following will result in a shift in a demand curve except:
Choose 1 answer:
(A) A change in the income of buyers
(B) A change in the supply of a good
(C) A change in expected future prices
(D) A change in the price of related goods
(E) A change in buyers' preferences

Question

All of the following will result in a shift in a demand curve except:
Choose 1 answer:
(A) A change in the income of buyers
(B) A change in the supply of a good
(C) A change in expected future prices
(D) A change in the price of related goods
(E) A change in buyers' preferences

Accepted Answer

***B*** ∻Key Concept∻ ⚹Determinants of Demand⚹ ∻Explanation∻ ⚹A change in the supply of a good does not shift the demand curve; it shifts the supply curve. Demand curve shifts are caused by factors such as income, prices of related goods, consumer preferences, and expectations of future prices, but not by changes in supply.⚹◊What factors would cause a shift in the demand curve according to the principles of Macro Economics?⍭ Generate me a similar question◊

Sia