Which factor will NOT cause an increase in demand for good X?
A)a decrease in income if good X is an inferior good
B)an increase in income if good X is a normal good
C)a decrease in the price of good X
D)an increase in the popularity of good X with consumers

Question

Quizplus · Accepted Answer

A decrease in the price of good X would lead to an increase in demand for good X due to the law of demand. However, a decrease in income if good X is an inferior good, an increase in income if good X is a normal good, and an increase in the popularity of good X with consumers would all lead to an increase in demand for good X.

Which Factor Will NOT Cause an Increase in Demand for Good