Asked by
vidhya swami
on Nov 04, 2024Verified
Which of the following will not cause a shift in the demand curve for DVDs?
A) a change in income
B) a change in wealth
C) a change in the price of Blu-ray discs
D) a change in the price of DVDs
Demand Curve
A graph showing the relationship between the price of a good and the quantity demanded by consumers.
Income
Recurrent earnings sourced from occupational activities or investments.
- Distinguish between shifts in demand and movements along the demand curve.
Verified Answer
HK
Learning Objectives
- Distinguish between shifts in demand and movements along the demand curve.