Which of the Following Would Not Cause the Demand Curve

question 239

Multiple Choice

Which of the following would not cause the demand curve for peaches to shift?

• A)an increase in the price of apricots
• B)a decrease in the price of nectarines
• C)an increase in the price of peaches
• D)a change in preferences for peaches
• E)a decrease in the income of peach buyers

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Definitions:

Production Possibilities Curve

The Production Possibilities Curve (PPC) is a graphical representation that shows the maximum quantity of two goods or services that can be produced with limited resources.

Future Location

Refers to a place where something is expected or planned to be situated at a later time.

Economic Generalizations

General statements that summarize common relationships or patterns within an economy, often derived from empirical observations and economic theory.