WAEC Economics 2013 Objective — Question 23
Question 23 of 50 from the West African Examinations Council (WAEC) Economics 2013 Objective paper, with the correct answer and a full explanation.
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Which of the following will shift the demand curve for cocoa to the right?
- A. an increase in consumers' incomeCorrect
- B. A rise in the price of cocoa
- C. A tax on cocoa producers
- D. A fall in the quantity demanded of cocoa
Explanation
An increase in consumers' income can cause a rightward shift of the demand curve (an increase in demand). A change in price only causes movement along the curve, not a shift.
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