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A decrease in income will cause which of the following to happen to the demand for used cars.a. an increase in the demand for used cars.b. a decrease in the demand for used carsc. an increase in the quantity demanded for used cars.d. a decrease in the demand for used cars.

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Answer:

A

Step-by-step explanation:

Only changes in price will traduce in movements along the demand curve, in this case a decrease in income will cause a shift. Because used cars are considered inferior goods (demand for this goods is reduced when income increases) a decrease in income will increase their demand and cause a shift to the right of the demand curve.

User Gopinath Perumal
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