A change in which of the following alters buying plans for cars but does NOT shift the demandcurve for cars?A) a 10 percent decrease in the price of car insuranceB) a 20 percent increase in the price of a carC) a 5 percent increase in people's incomeD) an increased preference for walking rather than driving

Microeconomics A Contemporary Intro
10th Edition
ISBN:9781285635101
Author:MCEACHERN
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Chapter4: Demand, Supply, And Markets
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A change in which of the following alters buying plans for cars but does NOT shift the demand
curve for cars?
A) a 10 percent decrease in the price of car insurance
B) a 20 percent increase in the price of a car
C) a 5 percent increase in people's income
D) an increased preference for walking rather than driving

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