Which of the following will shift the demand curve for a good?

• A. A change in the supply of the good
• B. A change in consumer income
• C. A change in the price of the good itself
• D. A change in the production technology

Answer: (B)

Verified step by step guidance

1. Understand that the demand curve shows the relationship between the price of a good and the quantity demanded, holding other factors constant.
2. Recognize that a change in the price of the good itself causes movement along the demand curve, not a shift of the curve.
3. Identify that a change in supply or production technology affects the supply curve, not the demand curve.
4. Know that factors like consumer income, tastes, prices of related goods, and expectations can shift the demand curve because they change the quantity demanded at every price.
5. Conclude that a change in consumer income shifts the demand curve because it affects consumers' purchasing power and willingness to buy the good at all prices.