What would shift the demand curve for gatorade to the left? An increase in the consumer income, assuming gatorade is a normal good A decrease in the price of cups, a complement of gatorade None of the above An increase in the price of powerade, a gatorade substitute An increase in the expected future price of gatorade

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter6: Consumer Choices
Section: Chapter Questions
Problem 15CTQ: Income Effects depend on the income elasticity of demand for each good limit you buy. If one of the...
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What would shift the demand curve for gatorade to the left?
An increase in the consumer income, assuming gatorade is a normal good
A decrease in the price of cups, a complement of gatorade
None of the above
An increase in the price of powerade, a gatorade substitute
An increase in the expected future price of gatorade
Transcribed Image Text:What would shift the demand curve for gatorade to the left? An increase in the consumer income, assuming gatorade is a normal good A decrease in the price of cups, a complement of gatorade None of the above An increase in the price of powerade, a gatorade substitute An increase in the expected future price of gatorade
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