Asked by
Living Life With Danie
on Nov 04, 2024Verified
Which of the following will cause a shift in the demand curve for hoverboards?
A) a change in income
B) a change in wealth
C) a change in taste or preference
D) all of the above
Demand Curve
A graph showing the relationship between the price of a good and the amount of it that consumers are willing to purchase at various prices.
Hoverboards
Self-balancing scooters that use gyroscopic technology to allow users to move based on the direction and speed of their body lean.
- Recognize the factors that cause shifts in demand and supply curves.
Verified Answer
AD
Learning Objectives
- Recognize the factors that cause shifts in demand and supply curves.