Which of the following will shift the demand curve for a particular product? a d

Question

Which of the following will shift the demand curve for a particular product? a decrease in the price of the good a decrease in the price of a complementary good an increase in the price of the good a change in the technology used to produce the good O D | Question 8 A movement alon g (up or down) the demand curve for toothpaste would be caused by a change in the price of toothpaste. O a change in the price of toothbrushes O a change in population. a change in consumer income. | Question 9 If an increase in income leads to an increase in the demand for peanut butter, then peanut butter is a complement. O a normal good. rch

Explanation / Answer

7.- Which of the following will shift the demand curve for a particular product?

ANS- A decrease in the price of a complementary good

8. A movement along (up and down) the demand curve for toothpaste would be caused by?

Ans - A change in the price of toothpaste

9. If an increase in income leads to an increase in the demand for peanut butter, then peanut butter is.?

Ans- A Normal Good

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