Which of the following will not cause demand for apples to increase or decrease?
A) a reduction in the price of apples
B) a reduction in the price of a complement for apples
C) an increase in income
D) a decrease in the number of consumers in the market

Question

Quizplus · Accepted Answer

A reduction in the price of apples affects the quantity demanded rather than the demand itself. Changes in demand are caused by factors other than the price of the good itself, such as prices of related goods, income, preferences, and the number of consumers.

Which of the Following Will Not Cause Demand for Apples