What Happens to the Demand Curve When a Non-Price Determinant

question 61

Multiple Choice

What happens to the demand curve when a non-price determinant of demand changes?

• A) The demand curve shifts to the left or to the right.
• B) There is a movement along the demand curve.
• C) The consumer moves to a different price point.
• D) The demand curve does not change when a non-price determinant of demand changes.

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Definitions:

Semantic Memories

A subcategory of declarative memory that records the meanings, understandings, and other concept-based knowledge unrelated to personal experiences.

Episodic Memories

Memories of specific events or experiences, including the context in which they occurred, such as time and place.

Implicit Memory

A type of memory in which previous experiences aid the performance of a task without conscious awareness of these previous experiences.

Procedural Memory

A type of long-term memory that involves the recall of how to perform tasks such as walking, talking, or riding a bike.