The Market Demand Curve for a Particular Good

question 11

Multiple Choice

The market demand curve for a particular good

• A)will shift to the right if more consumers enter the market
• B)could shift to the left if more consumers enter the market
• C)will be upward sloping if the good is an inferior good
• D)will always shift to the right if consumers' incomes increase
• E)could shift downward if more consumers enter the market

---

Definitions:

Bank Collection

The process by which a bank processes items for payment, like checks or promissory notes, on behalf of its clients.

Adjusting Journal Entries

Entries made in accounting records to update balances at the end of an accounting period before financial statements are prepared.

Adjusted Cash Balance

A financial metric that reflects the amount of cash available after adjustments, often related to reconciling book and bank records.

Petty Cash Fund

A small amount of cash on hand used for minor or incidental expenses within a business.