Which of the Following Is TRUE

question 275

Multiple Choice

Which of the following is TRUE?

• A) For an inferior good, when income increases, the demand curve shifts leftward.
• B) The demand curve for a good shifts leftward when the price of a substitute rises.
• C) If consumers expect the price of a good will rise in the future, the demand curve shifts leftward.
• D) An increase in population shifts the demand curve for most goods leftward.

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Definitions:

Campus Recruiting

The process by which companies visit colleges and universities to recruit students and recent graduates for employment opportunities, often through career fairs and interviews.

Favourable Impression

A positive perception or judgment formed by others, often based on interactions or accomplishments.

Action-oriented Words

Verbs used in job descriptions or resumes that demonstrate an individual's capability to achieve results, such as "achieved", "managed", or "developed".

Job Ads

Advertisements or postings that inform potential candidates about a job opportunity, outlining the role, requirements, and how to apply.