Which of the following 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 consumers' taste for good X

Question

Quizplus · Accepted Answer

A decrease in the price of good X would not cause an increase in demand for good X, as it would affect the quantity demanded but not necessarily the overall demand for the product. The other options listed would all cause an increase in demand for good X.

Which of the Following Will NOT Cause an Increase in Demand