Which of the Following Will Not Shift the Demand Curve

question 113

Multiple Choice

Which of the following will not shift the demand curve for motorbikes?

• A) An increase in the price of motorbikes.
• B) An increase in consumer income.
• C) An increase in the price of bicycles (a substitute).
• D) An increase in the price of helmets (a complement).

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Definitions:

Short Run

in economics, refers to a period during which at least one factor of production is fixed, and firms can adjust only the variable factors.

TVC

Total Variable Cost, which refers to all variable expenses that change with the level of output.

Short Run

A period of time in economics during which at least one input is fixed, limiting the ability of the economy or firm to adjust.

TC

stands for Total Cost, which encompasses all costs incurred in the production of goods or services.