Figure 4-5 -Refer to Figure 4-5.Which of the Following Would Cause the Would

question 87

Multiple Choice

Figure 4-5
-Refer to Figure 4-5.Which of the following would cause the demand curve to shift from Demand B to Demand C in the market for mattresses?

• A)a decrease in the price of mattresses
• B)a decrease in the price of custom wooden sleigh bed frames
• C)a change in consumer tastes away from wooden bedroom furniture
• D)a decrease in the number of people in the United States

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Definitions:

Restrictive Covenant

A private restriction on the use of land. If its benefit or obligation passes with the land’s ownership, it is said to “run with the land.”

Ongoing Business

A term referring to a company or enterprise that is actively engaged in business operations without interruption.

Specific Performance

A legal remedy in contracts law where a court orders a party to perform their obligations under a contract, rather than simply paying damages.

Legal Remedy

The means by which a court of law enforces a right, imposes a penalty, or makes another court order to impose its will.