If consumer tastes are changing more in favor of the consumption of a particular good the
A) market demand curve will shift to the left.
B) consumer will move up a given demand curve, decreasing the quantity demanded.
C) consumer would move down a given demand curve, decreasing the quantity demanded.
D) consumer would move down a given demand curve, increasing the quantity demanded.
E) market demand curve would shift to the right.

Question

Quizplus · Accepted Answer

When consumer tastes change in favor of a good, the market demand curve shifts to the right, indicating an increase in demand at every price level.

If Consumer Tastes Are Changing More in Favor of the Consumption