Question

which of the following is demand curve shifter for breakfast-bread? (a.increase in price of biscuits and other snacks which can substitute bread, b. increase in price of bread, c. fall in price of bread, d. increase in quantity produced​

Answer 1

Answer:

b.increase in price of bread

Answer 2

Demand Curve Shifter

Explanation:

• The demand for a product may be full of changes within the prices of related goods like substitutes or complements. A substitute may be a good or service that may be employed in place of another good or service. As electronic books, like this one, become more available, you'd expect to determine a decrease in demand for traditional printed books.
• A lower cost for a substitute decreases demand for the opposite product. as an example, in recent years because the price of tablet computers has fallen, the amount demanded has increased (because of the law of demand).
• Since people are purchasing tablets, there has been a decrease in demand for laptops, which might be shown graphically as a leftward shift within the demand curve for laptops. a better price for a substitute good has the reverse effect.
• Other goods are complements for every other, meaning that the products are often used together, because consumption of 1 good tends to reinforce consumption of the opposite. Examples include breakfast cereal and milk; notebooks and pens or pencils, golf balls and golf clubs; gasoline and S.U.V. vehicles; and also the five-way combination of bacon, lettuce, tomato, mayonnaise, and bread.
• If the value of golf clubs rises, since the number of golf clubs demanded falls (because of the law of demand), demand for a complement good like golf balls decreases, too. Similarly, the next price for skis would shift the demand curve for a complement good like holiday resort trips to the left, while a lower cost for a complement has the reverse effect.
• Other things that change demand include tastes and preferences, the composition or size of the population, the costs of related goods, and even expectations.
• A change in anyone of the underlying factors that determine what quantity people are willing to shop for at a given price will cause a shift in demand. Graphically, the new demand curve lies either to the proper (an increase) or to the left (a decrease) of the first demand curve.

Increase in price of biscuits and other snacks which can substitute bread, could be a curve shifter.