Which Factor Will NOT Cause an Increase in Demand for Good

question 6

Multiple Choice

Which factor will NOT cause an increase in demand for good X?

• A)a decrease in income if good X is an inferior good
• B)an increase in income if good X is a normal good
• C)a decrease in the price of good X
• D)an increase in the popularity of good X with consumers

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Definitions:

Changes in Equity

Adjustments in a company's equity section of the balance sheet, including changes due to profits, losses, dividends, and issuance or repurchase of shares.

Operating Activities

The day-to-day activities of a company involved in producing and selling its products or services, which are reflected in its net income.

Cash Flow Reporting

A financial statement segment that provides information on the cash inflows and outflows of an entity during a specific period.