Which of the Following Is Most Likely to Cause a Leftward

question 25

Multiple Choice

Which of the following is most likely to cause a leftward shift of the demand curve for a normal good in the current period?

• A) an increase in the price of the good
• B) a decrease in the price of the good
• C) a decrease in the price of a complementary good
• D) an expectation that price will decline in the future
• E) an increase in the price of a substitute good

---

Definitions:

Russia

A country in Eurasia, the world's largest by land area, known for its significant contributions to arts, science, and global politics, as well as its rich cultural heritage.

Time Frames

Specific periods within which certain activities are scheduled to occur or objectives are meant to be achieved.

Top Management

The highest level of organizational management, including positions such as CEO, CFO, and other senior executives responsible for overall strategic direction and decision-making.

Longer-term Plans

Strategic objectives or projects that are intended to be achieved over an extended period of time.