Which of the Following Events Would Result in an Increase

question 117

Multiple Choice

Which of the following events would result in an increase in the demand for electricity, causing the demand curve to shift outward?

• A)A decrease in the price of electricity
• B)An increase in the price of air conditioners
• C)A decrease in the price of heating oil
• D)An increase in the price of natural gas

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Definitions:

Corporate Behaviour

The actions, attitudes, and values demonstrated by a company and its employees, which influence its reputation and culture.

Moral Expectations

Standards or beliefs regarding what is right or wrong behavior within a society or group.

Socio-Economic View

A perspective that considers the interplay between social and economic factors and how they influence each other.

Corporate Social Responsibility

A business model that helps a company be socially accountable—to itself, its stakeholders, and the public. It involves operating in ways that enhance society and the environment.