WAEC Economics 2020 Objective — Question 6
Question 6 of 50 from the West African Examinations Council (WAEC) Economics 2020 Objective paper, with the correct answer and a full explanation.
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Which of the following caused the change in demand from D1D1 to D2D2?
- A. Fall in the income of consumers
- B. Rise in the price of substituteCorrect
- C. Rise in the price of a complement
- D. Fall in the supply of commodity X
Explanation
A rise in the price of a substitute good increases demand for commodity X, shifting the demand curve rightward from D1D1 to D2D2.
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