An Example of a Demand Shifter Is

question 216

Multiple Choice

An example of a demand shifter is:

• A) factor prices.
• B) technology.
• C) consumer preferences.
• D) producer expectations.

---

Definitions:

Rigid Guidelines

Strict rules or procedures that are followed without allowance for flexibility.

Generally Accepted Guidelines

Broad principles, standards, and norms adhered to in a particular field or profession.

Broad Principles

General, overarching rules or guidelines that inform or direct action in a wide range of situations.

Rules-Based

A system or approach that is guided by a set of established rules or standards.