A Change in Which of the Following Shifts the Demand

question 100

Multiple Choice

A change in which of the following shifts the demand curve?

• A) The technology with which the product is produced
• B) The number of sellers in the market
• C) The price of the resources used to produce the product
• D) The tastes and preferences of consumers

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Definitions:

Self-fulfilling Prophecy

A psychological phenomenon in which an individual's or group's belief or expectation brings about its own fulfillment, either directly or indirectly, influencing behavior and outcomes.

Preexisting Expectations

Assumptions or beliefs that one has before encountering new information or experiences.

Internal Attributions

The tendency to explain one's behavior or the behavior of others based on internal, personal characteristics rather than external situations.

Behavior

The actions, reactions, or conduct of an individual, often studied in psychology to understand individuals and groups.