Business, 28.01.2020 19:44 monster5368

Why does demand not change when the price of a good changes with no change in the other influences on buying plans?

consider the demand for onions. the demand for onions does not change when a change in occurs.

a. the price of onions
b. the price of tomatoes (tomatoes are a complement of onions)
c. the population
d. the expected future price of onions

an increase in the price of onions

a. decreases the demand for onions and shifts the demand curve for onions leftward
b. increases the demand for onions and shifts the demand curve for onions rightward c. increases the quantity of onions demanded and results in a movement down along the demand curve for onions
d. decreases the quantity of onions demanded and results in a movement up along the demand curve for onions

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