Which of the Following Will Not Shift the Demand Curve

question 309

Multiple Choice

Which of the following will not shift the demand curve for grapefruit?

• A) An announcement that eating a grapefruit before every meal will induce weight loss.
• B) A technical development that allows machines to replace the workers who harvest grapefruit.
• C) An announcement that eating lots of grapefruit causes skin problems.
• D) A newspaper story reporting that the preference for oranges has skyrocketed.
• E) An announcement that grapefruit will definitely cost more next week.

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Definitions:

Creditors

Creditors are individuals, businesses, or institutions to whom money is owed by debtors for goods, services, or loans provided.

Consideration

Consideration, an essential element of a valid contract, consists of the exchange of something valuable between parties, which compels them to enter into an agreement.

Statute Of Limitations

Laws that set the maximum time after an event within which legal proceedings may be initiated.

Creditor

A person to whom a debt or legal obligation is owed and who has the right to enforce payment of that debt or obligation.