All Things Constant, a Decrease in Bus, Train, and Airplane

question 365

Multiple Choice

All things constant, a decrease in bus, train, and airplane fares will

• A) shift the demand curve for automobiles to the left.
• B) cause a movement along the demand curve for automobiles.
• C) shift the demand curve for automobiles to the right.
• D) have no impact on the demand curve for automobiles.

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Definitions:

Aggregated

Combined from several measurements, data points, or individuals to form a total or summary.

Transfer

The act of moving or shifting something from one place, person, or system to another.

Signatures

Written or digital marks that represent the consent or approval of individuals on documents such as contracts or agreements.

.docx

It's a file extension for Microsoft Word documents created in versions after 2007, featuring advanced formatting and structure.