If Consumer Tastes Are Changing More in Favor of the Consumption

question 143

Multiple Choice

If consumer tastes are changing more in favor of the consumption of a particular good the:

• A) market demand curve will shift to the left.
• B) consumer will move up a given demand curve, decreasing the quantity demanded.
• C) maket demand curve would shift to the right.
• D) consumer would move down a given demand curve, increasing the quantity demanded.

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Definitions:

Per Second

A rate of change or action expressed as a unit measured within one second.

Alert

The state of being watchful and fully aware, often in preparation for or response to potential dangers or important news.

Waking State

A state of consciousness where an individual is fully awake and aware of their environment, as opposed to being asleep or in a dream state.

Brain Waves

Patterns of neuronal activity in the brain, detectable with EEG, associated with different states of consciousness and mental activities.