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Marketeconomics-mcqs › market
Published
31 May 2019
Last updated
28 May 2026

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Which of the following factors causes the demand curve for watches to shift to the right?

Multiple choice question for Market. Select an option, then review the explanation below.

Choose the correct answer

Explanation

An increase in the price of watches typically reduces quantity demanded rather than shifting demand. Lower prices of complementary goods like watch batteries might increase demand, but only if watches and batteries are complements. A fall in consumer income would decrease demand if watches are normal goods. Wage changes affect supply, not demand. Therefore, none of the options given correctly describe a factor that shifts the demand curve for watches to the right.

Practice related questions from the same subject.

  1. 1.Broadcasting firms use satellite TV subscriptions and signal detection tools primarily to combat which issue?
  2. 2.Which of the following is a classic example of a public good?
  3. 3.Which of the following factors can lead to market failure?
  4. 4.When a neighbor burns yard debris and smoke enters your home, what type of externality does this represent?
  5. 5.Why is a competitive equilibrium considered Pareto efficient?

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