All of the following would shift a product's demand curve except a(n):
a. increase in the price of the product

b. decrease in consumer income.
c. increase in the price of a substitute.
d. increase in the price of a complement.

a

Economics

You might also like to view...

What are the three types of transactions between the residents of different countries?

What will be an ideal response?

Economics

When market participants have adaptive expectations

A) they use all information available to them. B) they only slowly adjust their expectations to news which could affect prices or returns. C) they are more likely to make accurate forecasts than if they have rational expectations. D) they are able to forecast interest rates more accurately than inflation rates.

Economics