An Increase in the Number of Consumers

question 374

Multiple Choice

An increase in the number of consumers

• A) shifts the demand curve rightward.
• B) shifts the supply curve leftward
• C) results only in a movement along the demand curve.
• D) Both answers B and C are correct.

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Definitions:

Global Agnostic

An approach where businesses or strategies do not favor any particular country or cultural norms but instead aim to be universally applicable and relevant.

Creolization

The process in which different cultures come into contact and create new, blended cultural practices, languages, and identities.

Back-translation

A method used in the process of translating a document or text back into the original language by a different translator to ensure accuracy and consistency.

Cross-cultural Analysis

The examination of how cultural differences impact behavior, practices, and values across different societies or cultural groups.