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    Modern Principles Microeconomics
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    Exam 3: Supply and Demand
  5. Question
    Figure: Shifting Demand in the Diagram, Which of the Following
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Figure: Shifting Demand in the Diagram, Which of the Following

Question 221

Question 221

Multiple Choice

Figure: Shifting Demand Figure: Shifting Demand   In the diagram, which of the following factors would cause the demand curve to shift from D<sub>1</sub> to D<sub>2</sub>? A)  an increase in the price of a substitute good B)  a decrease in the price of a complement good C)  an increase in the population D)  an increase in income if this is an inferior good In the diagram, which of the following factors would cause the demand curve to shift from D1 to D2?


A) an increase in the price of a substitute good
B) a decrease in the price of a complement good
C) an increase in the population
D) an increase in income if this is an inferior good

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