7.4k views
3 votes
A rightward shift in the demand curve for product C might be caused by:

A. a decrease in the price of inputs used to make C.
B. an increase in the price of inputs used to make C.
C. a decrease in the price of a product that is a close substitute for C.
D. a decrease in the price of a product that is usually consumed with C.

User Mouradif
by
7.6k points

1 Answer

3 votes

Final answer:

A decrease in the price of a substitute product can cause a rightward shift in the demand curve for product C.

Step-by-step explanation:

A rightward shift in the demand curve for product C might be caused by a decrease in the price of a product that is a close substitute for C. When the price of a substitute product decreases, consumers are more likely to choose the substitute over product C, resulting in a decrease in the demand for product C. This decrease in demand is represented by a rightward shift in the demand curve.

User Robince
by
7.9k points