Which of the following situations would cause a shift in the demand curve, as opposed to...

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Finance

Which of the following situations would cause a shift in thedemand curve, as opposed to a change in the quantity demanded?
Vegetable prices rise as the majority of the population nolonger eats meat.
Auto sales increase due to increased employment.
Gasoline consumption decreases as the taxes included in theprice of gasoline increase.
Both A and B.

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4.0 Ratings (462 Votes)

Shift in Demand Curve occurs when the demand at each price increases or decreases If overall demand increases the quantity demanded at each price will go up and the Demand See Answer

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Which of the following situations would cause a shift in thedemand curve, as opposed to a change in the quantity demanded?Vegetable prices rise as the majority of the population nolonger eats meat.Auto sales increase due to increased employment.Gasoline consumption decreases as the taxes included in theprice of gasoline increase.Both A and B.