Introduction to Economics 1 Deneme Sınavı Sorusu #730910

I. Number of sellers II. Preferences III. Expectations IV. Prices of related goods Which of the above are effective in changes or shifts in demand curve?


I and II

III and IV

I, II and III

I, III and IV

II, III and IV


Yanıt Açıklaması:

There are a number of reasons for changes or shifts in demand curve: tastes and preferences, income, normal goods, inferior goods, prices of related goods, substitute goods, complimentary goods, expectations and number of buyers. The number of sellers is effective in changes in supply curve. The correct answer is E.

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