All else constant, all of the following would cause the demand curve for a good to shift except:
A) a change in the cost of producing the good.
B) a change in the price of a related good.
C) a change in consumer's incomes.
D) a change in the number of buyers.
A
Economics
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If prices in the economy rise, then
A) the purchasing power of a dollar stays constant. B) the purchasing power of a dollar rises. C) the purchasing power of a dollar declines. D) the purchasing power of a dollar cannot be determined.
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Once a country has a comparative advantage in producing a product, it cannot lose that advantage
Indicate whether the statement is true or false
Economics