Which One of the Following Would Cause a Leftward Shift

question 110

Multiple Choice

Which one of the following would cause a leftward shift in the supply curve for car washes?

• A)an increase in the number of cars on the street
• B)an increase in the price of car washing equipment
• C)a decrease in youth unemployment
• D)a decrease in the price of water

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Definitions:

Personal Accomplishment

A feeling of pride or fulfillment resulting from achieving something through one's own efforts or skills.

Utilitarian Needs

Describes consumer needs that are driven by practical, functional, and rational motives rather than emotional or aesthetic reasons.

Hedonic Needs

Hedonic needs are consumer desires for products or experiences that provide pleasure, enjoyment, or aesthetic satisfaction.

Goal Attainment

The achievement of desired outcomes or objectives through planned action or strategy.