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13 September, 07:57

All of these scenarios cause the Demand Curve for a product to shift (left or right), except for one. Identify that one scenario that does not shift the Demand Curve. a. price of a substitute rises b. price of a complement falls c. price of the good changes d. price of a substitute falls

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  1. 13 September, 11:05
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    C) Price of Good Changes

    Explanation:

    Shift in demand is caused by other determinates of demand other than price. That is, for a shift in the demand curve, price still remains while the demand curve shift to either right or left as a result of change in other determinates of demand such as customer preference, prices of close substitutes, demographic changes and so on
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