Economists Say There Has Been a Change in Demand When

question 4

Multiple Choice

Economists say there has been a change in demand when there is

• A)a price change.
• B)a movement along the demand curve.
• C)a shift of the supply curve.
• D)a shift of the demand curve.
• E)a quantity change.

---

Definitions:

Risk Factor

An element or variable that increases the likelihood of a negative outcome, such as financial loss or failure.

Unsystematic Risk

The risk tied to a specific company or industry that can be minimized through diversification, unlike market-wide systemic risk.

Systematic Risk

The inherent risk associated with the entire market or market segment, also known as market risk, which cannot be diversified away.

Standard Deviation

A statistical measure of the dispersion or variability of a set of data points, indicating how much the individual data points diverge from the mean value of the data set.