The demand curve for monthly subscriptions to HBO has shifted to the right.What could have caused it?
A)a fall in the price of HBO subscriptions
B)an increase in the price of HBO subscriptions
C)an increase in the supply of HBO subscriptions
D)an increase in the incomes of buyers

Question

Quizplus · Accepted Answer

An increase in the incomes of buyers would lead to an increase in demand for HBO subscriptions as consumers have more disposable income to spend on luxury goods like monthly subscriptions to HBO. This would shift the demand curve for monthly subscriptions to the right.

The Demand Curve for Monthly Subscriptions to HBO Has Shifted