Which of the Following Will Not Cause an Increase in Demand

question 4

Multiple Choice

Which of the following will not cause an increase in demand for good X?

• A)a decrease in income if good X is an inferior good
• B)an increase in income if good X is a normal good
• C)a decrease in the price of good X
• D)an increase in consumers' taste for good X

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Definitions:

Economic Wants

Desires for specific goods, services, or experiences that can be fulfilled through economic transactions.

Benefits

The advantages or positive outcomes that result from using a product or service.

Ultra Black Label Series

A term that could refer to a premium, high-end series of products within a brand, often denoting exclusivity or superior quality.

Multi-angle Vision Technology

Technology that enables the capture or display of images from multiple perspectives, often used in cameras and surveillance.