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.

---

Definitions:

Geodemography

The study of populations based on demographic variables analyzed geographically.

Regional Segmentation

The practice of dividing a market into distinct geographical areas to tailor marketing strategies effectively.

Multiple Ethnic Origins

Describes individuals or populations that identify with or have ancestry from more than one ethnic background.

Census

A systematic enumeration of a population, which typically records various details of individuals, such as age, sex, occupation, and nationality, at a specific time.