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Which Of The Following Will Shift The Demand Curve For Bournvita To The Right? - Erudites Academy

Which of the following will shift the demand curve for Bournvita to the right?

by | Oct 21 | Economics JAMB | 0 comments

A. a rise in price of Bournvita
B. an increase in income
C. a tax on cocoa producer
D. a fall in price of Bournvita

Correct Answer:

Option D – a fall in price of Bournvita

Explanation

A shift in demand does not affect other factors except price. Therefore, a fall in price will give room for an increase in demand, increase in demand will make the demand curve to shift to the right.

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