Three of the four events described below might reasonably be expected to shift the demand curve for Tacos to a new position. One would not shift the demand curve. The single exception is:

a. a widespread advertising campaign undertaken by the producers of a product competitive with Tacos.

b. an increase in the money income of beef consumers.

c. a change in people's tastes with respect to Tacos.

d. a fall in the price of Tacos.

Question

Aydin

Social Studies

17 March, 18:29

Three of the four events described below might reasonably be expected to shift the demand curve for Tacos to a new position. One would not shift the demand curve. The single exception is:

a. a widespread advertising campaign undertaken by the producers of a product competitive with Tacos.

b. an increase in the money income of beef consumers.

c. a change in people's tastes with respect to Tacos.

d. a fall in the price of Tacos.

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Answers (1)

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Caden · Answer 1

d. a fall in the price of Tacos.

Explanation:

As there are there to four events that might be reasonable to show the shift in the demands curves and thus one impact of this shift would be a widespread increase in the advertisements and the changs in the tastes of the consumers and the people of the area. Thus the curve will shift to the left side. Will a fall in the prices would not affect the movement to the new location.