SSC
GENERAL ECONOMICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The following is a factor that will not cause the demand curve to shift:
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Advertising
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Population
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Price
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Consumer expectations
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Explanation:
Detailed explanation-1: -The price of the product does not lead to a shift in the demand curve. Income is not the only factor that causes a shift in demand. The other things that change demand include tastes and preferences, the composition or size of the population, the prices of related goods, and even expectations.
Detailed explanation-2: -Change in Taste and Preferences. Population Increase or Decrease. Price Change of a Related Good. Change in the Expected Future Prices. Change in the Income Level of Buyers. 14-Jan-2022
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