Which of the Following Statements Is False

question 63

Multiple Choice

Which of the following statements is false?

• A) The shift factors for the supply curve are: income,preferences,prices of related goods,the number of buyers,and expectations of future price.
• B) A change in (own)price changes the quantity supplied of a good.
• C) A change in demand is graphically represented by a shift in the demand curve.
• D) A change in quantity demanded is represented by a movement along a given demand curve.

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Definitions:

Green Marketing

Marketing efforts focused on promoting products or services based on their environmental benefits, often highlighting sustainability and eco-friendly practices.

Stakeholder Responsibility

The obligations of an organization towards individuals or groups that have a stake in its operations and decisions, including employees, customers, and the community.

Marketing Concept

A business philosophy suggesting that achieving organizational goals depends on knowing the needs and wants of target markets and delivering desired satisfactions better than competitors.

Social Audit

A formal review of a company's initiatives, procedures, and codes of conduct regarding social responsibility, assessing their impact on society.