Which of the Following Changes Would Not Result in a Shift

question 133

Multiple Choice

Which of the following changes would not result in a shift in the demand curve for milk?

• A)A change in the income of buyers of milk
• B)A change in the price of milk
• C)A change in the population
• D)A medical report that milk consumption increases cholesterol.

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Definitions:

Enforceable

A legal term referring to a contract or agreement that can be upheld and compelled by law.

Parol Evidence Rule

A legal principle that prevents parties from using oral or extrinsic evidence to contradict or vary the terms of a written contract.

Condition Precedent

In contract law, an act or promise that must take place or be fulfilled before the other party is obligated to perform his or her part of the agreement.