Which of the Following Will Shift the Demand Curve for a Good

question 154

Multiple Choice

Which of the following will shift the demand curve for a good?

• A)a change in the technology used to produce the good
• B)an increase in the price of the good
• C)a decrease in the price of a complementary good
• D)a decrease in the price of the good

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Definitions:

Subsidiary Company

A company that is completely or partially owned and wholly controlled by another company, which is referred to as the parent company.

Cost Method

An accounting method for investments where the investment is recorded at the purchase cost, without recognizing subsequent changes in market value.

Semiannual Receipt

Payments or incomes that are received twice a year.

Accrued Interest

The amount of interest that has been incurred but not yet paid over a particular period.