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Mark this question In economic terms, which of the following happened when cupcakes went from being homemade treats to being specialized gourmet goodies with multiple
Mark this question
In economic terms, which of the following happened when cupcakes went from being homemade treats to being specialized gourmet goodies with multiple TV shows devoted to them and people waiting in line for them?
- A change in the quantity of cupcakes demanded caused movement along the demand curve.
- Changes in public tastes created a shift in the demand curve.
- Changing tastes created a shift inthesupply curve.
- As the price of cupcakes rose, so did demand.
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