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For each of the following changes, determine whether there will be a movement along the demand curve (a change in quantity demanded) or a shift in the demand curve (a change in demand). a. a change in the price of a related good b. a change in tastes c. a change in the number of buyers d. a change in price e. a change in expectations f. a change in income

Respuesta :

Answer: See explanation

Explanation:

We should note that a movement along the demand curve occurs when there's a change in the price of the product. On the other hand, a shift in the demand curve is due to other factors that affect demand except the price. Therefore, the questions given are answered below based on the explanation above.

a. change in the price of a related good.

There'll be a shift in the demand curve.

b. a change in tastes

There'll be a shift in the demand curve.

c. a change in the number of buyers

There'll be a shift in the demand curve.

d. a change in price

There'll be a movement along the demand curve.

e. a change in expectations

There'll be a shift in the demand curve

f. a change in income

There'll be a shift in the demand curve

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