which of the following will not shift the demand curve for oled color television sets to a new position (either shift to the right or the left)? group of answer choices the expectation of rising prices for oled color tvs in the future. a decline in per capita income a reduction in the selling price of oled color tvs an increase in the number of consumers

Respuesta :

A reduction in the selling price of color TVs will not shift the demand curve for oled color television sets to a new position.

In economics, the relationship between the quantity of a specific good that is sought at a specific price and the price at which it is offered is represented by a demand curve. Demand curves can be used to analyze the relationship between price and quantity for both a single consumer (a single demand curve) and for all consumers in a specific market (a market demand curve).

As shown in the following graph, demand curves are commonly believed to slope downward. Due to the law of demand, which stipulates that as prices rise for the majority of goods, demand declines, this occurs. This rule does not apply in some odd situations. Speculative bubbles, Veblen products, and Giffen goods are a few instances of this sort of occurrence.

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