A Shift in the Demand Curve Occurs When

question 256

Multiple Choice

A shift in the demand curve occurs when

• A)suppliers place more goods on the market.
• B)the price of a good rises.
• C)consumers want to buy more or less than before at a given price.
• D)the price of the good falls.

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Definitions:

Personnel Training

The process of teaching employees the skills, knowledge, and competencies required for their current or future job roles.

Franchise Termination

The legal ending of a franchise agreement, either through the expiry of the contract term, mutual agreement, or breach of contract.

Franchise Agreement

A legal contract in which a franchisor grants the franchisee the rights to use its trademark, sell its products, or operate under its brand for a specified period.

Terminate the Franchise

The process of legally ending or cancelling a franchise agreement before its specified term concludes.