Solved

The Demand for a Good Will Increase If

Question 157

Multiple Choice

The demand for a good will increase if:


A) there is a decrease in the price of the good.
B) the price of inputs needed in the production of the good decreases.
C) there is an increase in the number of consumers in this market.
D) the price of a complementary good increases.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q60: Use the following to answer question: <img

Q96: Use the following to answer question: <img

Q106: Good X and good Y are related.If

Q109: Use the following to answer question: <img

Q152: Use the following to answer questions:<br>Figure: Supply

Q154: Use the following to answer questions:<br>Figure: Supply

Q156: The primary difference between a change in

Q217: Consider the supply curve for cotton shirts.An

Q229: An ambiguous change in price and a

Q243: If the supply and demand curves intersect