Which One of the Following Would Cause a Rightward Shift

question 10

Multiple Choice

Which one of the following would cause a rightward shift in the demand curve of digital cameras?

• A) Digital cameras become easier to use.
• B) The price of digital cameras decreases.
• C) Production methods are modified to make production of digital cameras more efficient.
• D) Government regulations are imposed to limit the number of digital cameras imported.

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Definitions:

Mechanic's Lien

A security interest granted over an item of property to ensure the payment of a debt or performance of some obligation arising from work performed or materials furnished in improving the property.

Personal Property

Movable assets owned by an individual or entity, such as furniture, vehicles, and electronics, as opposed to real estate.

Mechanic's Lien

A legal claim against a property by a contractor or repair person who has not been paid for work performed on that property.

Statute

is a formal written law enacted by a legislative body at the local, state, or federal level.