Which of the Following Will Cause a Rightward Shift of the Demand

question 4

Multiple Choice

Which of the following will cause a rightward shift of the demand curve?

• A) a decrease in the cost of production
• B) a decrease in the price of the good
• C) an increase in the expected future price of the good
• D) all of the above

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Definitions:

Consideration

Consideration in contract law refers to something of value promised to another when making a contract, which can be a service, money, or an object.

Bilateral Contract

A type of contract involving two parties where each party makes a promise or set of promises to the other.

Consideration

Something of value exchanged between parties in a contract, making the agreement legally binding.

Inadequate Consideration

A situation in a contractual agreement where the value exchanged between parties is significantly disproportionate or deemed insufficient.