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Shifted by changes in many factors

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The demand curve is shifted by changes in many factors. Which of the following are factors that can shift the demand curve for laptop computers?

  1. cost of production of the laptop computer.
  2. buyers' income.
  3. buyers' expectations about the product and about future price changes
  4. price of substitutes for laptop computers.
  5. the number of suppliers of laptop computers.

 a. All five are factors of demand and changes in any of them will shift the demand curve.

 b. Only I and V are correct.

 c. Only III and V are correct.

 d. Only II, III, and IV are correct.

 e. Only I is correct.

Reference no: EM131568704

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