Which of the Following Could Lead to a Rightward Shift

question 99

Multiple Choice

Which of the following could lead to a rightward shift of the demand curve for a good?

• A) a decrease in the price of a substitute good
• B) an increase in the price of a complementary good
• C) a decrease in the price of the good,assuming it is a normal good
• D) an increase in the price of the good,assuming it is an inferior good
• E) expectations that the price of the good will rise in the future

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Definitions:

Bootstrap Interval

A type of statistical interval estimate used to estimate the distribution of a statistic by resampling with replacement from the data.

BCa Interval

Bias-Corrected and accelerated interval, a type of confidence interval used in statistics to provide a range that is likely to contain the true population parameter, accounting for bias and skewness in the bootstrap distribution.

Bootstrap Distribution

A method in statistics for estimating the sampling distribution of an estimator by resampling with replacement from the original sample.

Bootstrap Confidence Interval

A type of confidence interval calculated by resampling a dataset with replacement and estimating the desired statistic multiple times.