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Which will cause the demand curve for an inferior good to shift in? 1. decrease in income 2. increase in the price of a substitute 3. increase in the price of a complement

Principles of Microeconomics

7th Edition

ISBN:9781305156050

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter4: The Market Forces Of Supply And Demand

Section: Chapter Questions

Problem 4QR

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Question

Which will cause the demand curve for
an inferior good to shift in?
1. decrease in income
2. increase in the price of a substitute
3. increase in the price of a complement
4. None of these

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