A Shift to the Right in the Demand Curve for Product

question 144

Multiple Choice

A shift to the right in the demand curve for product A can be most reasonably explained by saying that:

• A)consumer incomes have declined and they now want to buy less of A at each possible price.
• B)the price of A has increased and, as a result, consumers want to purchase less of it.
• C)consumer preferences have changed in favour of A so that they now want to buy more at each possible price.
• D)the price of A has declined and, as a result, consumers want to purchase more of it.

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Definitions:

Cerebral Gyri

The ridges or folds on the surface of the cerebral hemisphere of the brain, increasing its surface area to facilitate neural processing.

Cortex

The outer layer of an organ or structure, such as the brain or kidney, involved in various functions depending on the specific organ.

Surface Area

The total area exposed on the surface of an object or material.

Corpus Callosum

A broad band of nerve fibers joining the two hemispheres of the brain, facilitating communication between them.