Multiple Choice
An increase in demand for a good can be caused by
A) an increase in the price of a substitute good.
B) an increase in the price of the good itself.
C) an increase in the price of a complement good.
D) a decrease in supply of the good.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q42: The equilibrium price of a good is
Q43: A demand curve slopes downward to reflect
Q44: After a decrease in the price of
Q45: According to the law of supply, what
Q46: Which of the following is NOT a
Q48: We observe that people buy less seafood
Q49: What is on the vertical axis when
Q50: What would have to happen to apartment
Q51: A demand schedule holds<br>A) price constant.<br>B) quality
Q52: At prices above the equilibrium price, shortages