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86.Which of the following would mostlikely notcause market demand for a normal good to decline?a.An increase in the price of a substitute.b.An increase in the price of a complement.c.A decline in consumer income.d.Consumer expectations that the good will go on sale in the near future.e.An announcement by the Surgeon General that the product contributes to premature ANS: APTS:1DIF:ModerateNAT:BUSPROG: Reflective ThinkingSTA:DISC: Supply and demandTOP:Prices of Related GoodsKEY:Bloom's: Analysisdeath.death.87.Ceteris paribus, which of the following would cause a decrease in the demand for HD TVs?Exhibit 3-2 Demand curves
88.In Exhibit 3-2, the shift in the demand curve from D1 to D2could have been caused by which of the following?89.For a normal good, an increase in consumer income will cause the market demand for the product to:90.Assuming that dry cleaning is a normal good, an increase in consumer income, other things being equal, will:a.increase the demand for dry cleaning.b.decrease the demand for dry cleaning.c.increase the quantity demanded of dry cleaning.d.decrease the quantity of dry cleaning demanded.ANS:APTS:1DIF:ModerateNAT:BUSPROG: AnalyticSTA:DISC: Supply and demandTOP:Nonprice Determinants of DemandKEY:Bloom's: Comprehension91.Assuming that travel from New York to Los Angeles is a normal good, a decrease in consumer income,other things being equal, will: