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(Figure: Demand Shift) Which of the Following Factors Wouldcause the Change

Question 96

Multiple Choice

(Figure: Demand Shift) Which of the following factors wouldcause the change in the figure?
Figure: Demand Shift (Figure: Demand Shift) Which of the following factors wouldcause the change in the figure? Figure: Demand Shift I. an increase in the price of a complement goodII. an increase in production costsIII. an increase in the price of a substitute goodIV. an increase in income for an inferior good A) I and III only B) II and IV only C) III only D) I, II, and III I. an increase in the price of a complement goodII. an increase in production costsIII. an increase in the price of a substitute goodIV. an increase in income for an inferior good


A) I and III only
B) II and IV only
C) III only
D) I, II, and III

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