Which of the Following Does NOT Shift the Demand Curve

question 482

Multiple Choice

Which of the following does NOT shift the demand curve for broccoli?

• A) an increase in the cost of fertilizer used to grow broccoli
• B) a warning by the U.S. Surgeon General that broccoli causes schizophrenia
• C) an increase in the price of spinach, a substitute for broccoli, because rodents gobbled up much of this year's spinach crop
• D) a decrease in the price of spinach, a substitute for broccoli, because of a bumper crop of spinach this year

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Definitions:

Total Collection Time

The total time taken from issuing an invoice to the receipt of payment from customers.

Customer Cheques

Checks issued by customers as a method of payment for goods or services received.

Monthly Statements

Regular summaries provided to customers, detailing account activity, balances, and other financial information on a monthly basis.

Total Collection Time

The average time it takes for a business to convert its accounts receivable into cash.