The demand curve for a normal good will shift to the left if?

a

the incomes of consumers rise

b

the price of the goods rises

c

the price of complementary goods rises

d

advertising expenditure on complementary goods increase

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Correct Option
b

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Discussions (3)

kenny_008
1 year ago

The answer is C
The demand curve for the normal good shifts left when the price of its counterpart rises

Dwise12
8 years ago

Myschool xpn pls

colikstan
3 years ago

The answer is C
For complementary goods there is a negative cross elasticity if the price of good X rise demand for good Y will reduce

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