In the Above Figure,________ Will Shift in the Demand Curve

question 236

Multiple Choice

In the above figure,________ will shift in the demand curve from D to D?.

• A) an increase in income if pizza is an inferior good
• B) a decrease in the price of a sub sandwich, a substitute for pizza
• C) buyers' expectation that pizza will be less expensive next week
• D) a scientific article published that demonstrates eating pizza is good for one's health
• E) a fall in the cost of producing pizza

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Definitions:

Reward Power

The ability to influence others' behavior by offering positive incentives or rewards.

Expert Power

Influence wielded by an individual due to their expertise, skills, or knowledge, which others perceive as valuable.

Referent Power

A form of influence based on the attractiveness and charisma of the leader or influencing agent.

Expert Power

The influence one possesses as a result of expertise, skills, or knowledge, which others perceive as valuable or essential.