Which of the Following Would Cause a Shift in the Demand

question 356

Multiple Choice

Which of the following would cause a shift in the demand curve for a good?

• A) An increase in consumers' income.
• B) A decrease in the number of consumers.
• C) The expectation that the price of a good will increase in the future.
• D) All of the above.

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Definitions:

Revenues

The total income generated by a business from its normal business operations, including sales of goods and services, before any expenses are deducted.

Expenses

Outflows or using up of assets as a part of operations of a business to generate revenue.

Equity

The ownership interest held by shareholders in a corporation, represented by the residual assets minus liabilities.

Liabilities

Financial obligations or debts owed by a company to outside individuals or entities.