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Which factor would not cause the demand curve for green tea to shift to the right? a
Which factor would not cause the demand curve for green tea to shift to the right?
a. new research showing that drinking green tea reduces the risk of illnesses
b. a decrease in the price of green tea
c. a decrease in the price of lemons, a complement to green tea
d. All of these will shift the demand for green tea to the right.
Expert Solution
- The correct answer choice is: b. a decrease in the price of green tea
A shift in the demand curve is caused by all the factors influencing the consumer's purchasing decisions apart from the own price of the product of service. A decrease in the price of green tea will cause a downward movement along the demand curve for green tea.
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