Answer to Question #182811 in Microeconomics for Lucy

Question

Which one of the following will give rise to an increase in the quantity of margarine demanded, illustrated by a movement along the demand curve?

A decrease in the price of margarine.

An increase in consumers’ incomes.

An increase in the number of consumers.

An increase in the price of butter (a substitute).

A research finding which indicates that margarine is good for your health.

Answer 1

An increase in the quantity of margarine demanded, illustrated by a movement along the demand curve? Is caused by a decrease in the price of margarine.