Question 7 A rightward shift in the demand curve could be caused by O a. a increase in income, assuming the good is inferior. b. a decrease in income, assuming the good is inferior. c. buyers expecting the price of the good to fall in the near future. d. an increase in the price of a complement.

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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Question 7
A rightward shift in the demand curve could be caused by
a. a increase in income, assuming the good is inferior.
b. a decrease in income, assuming the good is inferior.
c. buyers expecting the price of the good to fall in the near future.
d. an increase in the price of a complement.
Transcribed Image Text:Question 7 A rightward shift in the demand curve could be caused by a. a increase in income, assuming the good is inferior. b. a decrease in income, assuming the good is inferior. c. buyers expecting the price of the good to fall in the near future. d. an increase in the price of a complement.
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