Which one of the following will NOT cause the change in demand or demand curve to shift?

Question

BlackTom AI · Accepted Answer

Question restatement: Which one of the following will NOT cause the change in demand or demand curve to shift?

Option 1: trends or preferences. Changes in consumer tastes or preferences are classic non-price determinants that shift the demand curve to the right or left. If people suddenly prefer a good more, demand increases and the entire curve shifts; if they care less, demand decreases and the curve shifts in the opposite direction.

Option 2: price of substitutes. The price of a substitute affects demand for the good in question. If the substitute becomes more expensive, consumers switch to the other good, increasing its demand and shifting the demand curve. Conversely, a cheaper substitute reduces demand for the good in question, shifting the curve in the opposite direction.

Option 3: price of the good itself. The price of the good itself causes a movement along the demand curve (a change in quantity demanded) rather than a shift of the demand curve. All other things equal, when price changes, you move up or down the same demand curve instead of shifting it left or right.

Option 4: weather. Weather conditions can influence demand for certain goods (e.g., coats in winter or ice cream in a heatwave). Such changes in real-world conditions act as non-price determinants and shift the demand curve as consumer needs change with weather patterns.

Key takeaway: Shifts in the demand curve are driven by non-price factors like preferences, substitutes’ prices, weather, income, etc. A change in the good’s own price changes quantity demanded along the same curve, not the position of the curve itself.

Explanation of incorrect options in brief:
- Option 1 misreads the effect of preferences, which actually reroutes demand by shifting the curve. 
- Option 2 misinterprets substitutes’ price as altering the overall demand level, which it does via a shift, not merely a movement along the curve. 
- Option 4 correctly identifies a non-price determinant that shifts demand.

In summary, the factor that does not cause a shift in the demand curve but instead causes movement along it is the price of the good itself, aligning with the distinction between a change in quantity demanded and a change in demand.

Which one of the following will NOT cause the change in demand or demand curve to shift?单项选择题

类似问题

Which of the following situations would cause your demand curve to shift to the LEFT?

Part A: Assume the market is initially at point B and that pizza is a normal good. A decrease in income would cause the market to move from point B on D2 to

Match what happens to the demand curve as the price of related goods change.💡 试试双击题目文字 PromptsAnswersQuestion 7Prompt1The price of a substitute increasesSelect match[input] Question 7Prompt2the price of a complementary good increases.Select match[input]

Match what happens to the demand curve as the price of related goods change. PromptsAnswersQuestion 7Prompt1The price of a substitute increasesSelect match[input] Question 7Prompt2the price of a complementary good increases.Select match[input]

An increase in demand is a movement along the demand curve to the right.

更多留学生实用工具

智能学习助手

风格化写作助手

论文查重助手

文献引用助手

课堂转译助手

课堂笔记助手

Quiz搜索助手

学校历年真题

智能刷题助手

智能匹配练习

希望你的学习变得更简单