3 D 0 2 4 6 8 10 12 14 16 18 20 Quantity Demanded thousands

3 D, 0 2 4 6 8 10 12 14 16 18 20 Quantity Demanded (thousands of pounds per week) Refer to the three demand curves for pasta. Which of the following would cause a shift in pasta demand from Di to Dj if pasta is an inferior good? A) a decrease in consumer incomes B) an increase in the price of pasta C) a decrease in the price of pasta D) an increase in consumer incomes 44) An increase in the price of product B leads to an increase in the demand for product C. This indicates that products B and C are A) normal goods. B) inferior goods. C) substitute goods. D) complementary goods. 45) An increase in the demand for washing machines might be caused by A) an expected increase in the price of washing machines. B) a decrease in the number of buyers. an expected decrease in the price of washing machines. D) a decrease in the price of washing machines. 46) Which of the following will not cause a change in the demand for product A? A)a change in the price of A B) a change in the number of buyers C) a decline in consumer incomes D) a change in tastes 47) Use the following graph of the demand to answer the question below 13

Solution

Q43. Answer is A. a decrease in consumer incomes Q44. Answer is C. Substitute goods. Q45. Answer is A. Expected increae in the price of washing machine Q46. Answer is A. a change in price of A.