iuliple Allempts TNIHUte, T and , Not 30 seconds remain Force Completion This te

Question

iuliple Allempts TNIHUte, T and , Not 30 seconds remain Force Completion This test can be saved and resumed at any point until time has expired. The timer will allowed. This test can only be taken once Remaining Time: 1 hour, 55 minutes, 09 seconds Question Completion Status: Moving to another question will save this response. Question 25 Demand will not change if there is a change in the: O Buyers income Price of the product Price of a substitute product Popularity of the product Moving to another question will save this response De dows 10

Explanation / Answer

Answer 26 - All given factors affect demand. We have studied the concept of shift of the demand curve and movement on demand curve. Shift or change happen when factors affecting demand except price of the product changes. There will be movement on demand curve when price the good changes. In the above example income, price of substitute and popularity of product will cause a shift in demand curve but Price of the product will cause a movement on demand curve. Thus

Option B is the correct answer.

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