- In the Above Figure, the Shift in the Demand Curve

question 127

Multiple Choice

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In the above figure, the shift in the demand curve from D to D1 can be the result of

• A)an increase in the number of teenagers, all of whom demand more pizza than do other age groups.
• B)an increase in the price of soda, a complement to pizza.
• C)new technology that increases the profit from producing pizza.
• D)a decrease in income if pizza is a normal good.
• E)a decrease in the price of a sub sandwich, a substitute for pizza.

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Definitions:

Returns Of Merchandise

The process of customers returning previously purchased merchandise back to the seller, typically due to defects or dissatisfaction.

Delivery Expense

Costs incurred by a company to transport its products to customers, including freight and shipping fees.

Cost Associated

Expenses linked to a specific business activity, project, or operation.

Merchandise To Customer

The process of selling and delivering products from a business to its customers.