Changes in Which of the Following Factors Do NOT Shift

question 70

Multiple Choice

Changes in which of the following factors do NOT shift the demand curve?

• A) Buyers' incomes
• B) The price of the good
• C) The price expected in the future
• D) The number of buyers
• E) The price of a substitute good

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Definitions:

Stock Shares

Units of ownership interest in a corporation or financial asset, representing a portion of the company's equity.

Endowment Effect

Refers to the phenomenon where people ascribe more value to things merely because they own them.

Ultimatum Game

A game in experimental economics where two players decide on how to divide a sum of money; one proposes the split, and the other can accept or reject it.

Behavioral Economists

Researchers who study the effects of psychological, cognitive, emotional, cultural, and social factors on the economic decisions of individuals and institutions.