Multiple Choice
(Figure: Predicting Demand Shifts) Which factor would change demand from D0 to D1?
A) an increase in consumer income if this is the demand for an inferior good
B) a change in consumer tastes so that consumers want less of the good
C) an increase in the price of a substitute good
D) an increase in the price of a complementary good
Correct Answer:

Verified
Correct Answer:
Verified
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