Which of the Following Is Both a Shift in Supply

question 110

Multiple Choice

Which of the following is both a shift in supply and a shift in demand?

• A) the number of firms in an industry
• B) tastes and preferences
• C) income changes
• D) expectations of future prices
• E) the number of buyers

---

Definitions:

Induction

The process of introducing someone to a new job, position, or organization, including training and orientation.

AIDA Plan

A marketing model that outlines the process for achieving successful advertising or sales strategies, standing for Attention, Interest, Desire, and Action.

Benefit Them

To have a positive effect on someone or provide them with an advantage.

Desire

A strong feeling of wanting to have something or wishing for something to happen.