Which of the following would increase the quantity of LCD TVs demanded but would not increase the demand for LCD TVs?
A)an increase in the price of plasma TVs, a substitute
B)an increase in incomes assuming that LCD TVs are normal goods
C)an increase in the expected future price of LCD TVs
D)a decrease in the current price of LCD TVs

Question

Which of the following would increase the quantity of LCD TVs demanded but would not increase the demand for LCD TVs?
A)​an increase in the price of plasma TVs, a substitute
B)​an increase in incomes assuming that LCD TVs are normal goods
C)​an increase in the expected future price of LCD TVs
D)​a decrease in the current price of LCD TVs

Quizplus · Accepted Answer

A decrease in the current price of LCD TVs would result in an increase in quantity demanded due to price elasticity of demand. However, it would not increase the demand for LCD TVs as demand is determined by factors beyond simply the price, such as consumer preferences and income levels. Option A could potentially increase demand as it affects the willingness of consumers to purchase alternative products, but it would not necessarily result in an increase in quantity demanded of LCD TVs. Option B and C both relate to changes in demand rather than quantity demanded.

Which of the Following Would Increase the Quantity of LCD