Which of the Following Would Most Likely Not Cause Market

question 314

Multiple Choice

Which of the following would most likely not cause market demand for a normal good to decline?

• A)An increase in the price of a substitute.
• B)An increase in the price of a complement.
• C)A decline in consumer income.
• D)Consumer expectations that the good will go on sale in the near future.
• E)An announcement by the Surgeon General that the product contributes to premature death.death.

---

Definitions:

Inventory Analysis

The examination of inventory to determine the optimum amount to hold, based on sales trends and stock levels.

Control Costs

The practice of managing and regulating expenses to ensure financial efficiency and organizational sustainability.

Theory Y

A management theory developed by Douglas McGregor that assumes employees are self-motivated, seek responsibility, and want to make creative contributions to the workplace.

Self-fulfilling Prophecies

Expectations about a subject that cause the subject to act in ways that confirm the expectations.