All Else Constant,all of the Following Would Cause the Demand

question 59

Multiple Choice

All else constant,all of the following would cause the demand curve for a good to shift except:

• A)a change in the cost of producing the good.
• B)a change in the price of a related good.
• C)a change in consumer's incomes.
• D)a change in the number of buyers.

---

Definitions:

Execution

The process of enforcing a court judgment or the carrying out of a legal document’s instructions.

Guarantor

A person or entity that agrees to be responsible for another's debt or performance under a contract if the original party fails to meet their obligations.

Jointly

Involves two or more parties working together or sharing a specified obligation or liability.

Severally Liable

When individuals or entities are individually responsible for their own proportion of liability in a debt or claim, instead of being collectively responsible.