Use the Table Below to Answer the Following Questions

question 119

Multiple Choice

Use the table below to answer the following questions.
Table 3.5.3
Demand and supply schedules for designer sport t-shirts at CoolU

-Refer to Table 3.5.3.In a television interview,Joe Cool shows off his designer sport t-shirt,setting off a new craze that doubles business at the sportswear establishments.This would be represented as a

• A)movement up along the demand curve.
• B)rightward shift of the demand curve.
• C)leftward shift of the demand curve.
• D)rightward shift of the supply curve.
• E)leftward shift of the supply curve.

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Definitions:

Inspects Goods

The act of examining products for quality, safety, and compliance with specifications or regulations before acceptance.

Partially Destroyed

Refers to an item or property that has been significantly but not completely damaged or ruined.

Void Contract

An agreement that is invalid from the outset and has no legal force or effect, making it unenforceable by law.

Cure

A breaching party’s right to provide conforming goods when nonconforming goods were initially delivered; subject to a reasonable time test.