Multiple Choice
The current demand for a good would decrease if
A) the price of a complementary good rose.
B) the price of a substitute good rose.
C) consumers suddenly believed the price of the good would be sharply higher in the future.
D) consumer income increased.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q30: How will an increase in the price
Q32: Which of the following would lead to
Q68: An increase in the demand for a
Q240: Which of the following would most likely
Q242: Which of the following is most likely
Q247: Which of the following would most likely
Q292: When the "invisible hand" guides economic activity,
Q317: Around Easter time, the price of eggs
Q376: Which of the following observations was made
Q401: If the quantity of a good supplied