Question on: JAMB Economics - 2015
Which of the following will shift the demand curve for Bournvita to the right
A
a rise in price of Bournvita
B
an increase in income
C
a tax on cocoa producer
D
a fall in price of Bournvita
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Correct Option: D
Here's why the answer is B:
* **Understanding Demand Curve Shifts:** A shift to the right in the demand curve indicates an increase in demand. This means that, at any given price, consumers are now willing to buy more of the product.
* **Analyzing the Options:**
* **A. a rise in price of Bournvita:** This would cause a movement *along* the demand curve (a decrease in quantity demanded), not a shift of the curve itself.
* **B. an increase in income:** Bournvita is a normal good. An increase in income typically leads to an increase in the demand for normal goods. This shifts the demand curve to the right.
* **C. a tax on cocoa producer:** This would affect the supply of
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