Which of the Following Best Illustrates a Shift in the Demand

question 139

Multiple Choice

Which of the following best illustrates a shift in the demand curve?

• A)When prices remain the same,there is a significant decrease in profit.
• B)As the price is raised,the quantity demanded increases,assuming all else stays the same.
• C)When prices remain the same,there is an increase or decrease in demand.
• D)As the price is lowered,the quantity demanded decreases,assuming all else stays the same.
• E)An internal matter has forced a price change of some type,but it does not impact demand.

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Definitions:

Face Validity

The extent to which a test appears to measure what it's supposed to measure, making it seem valid at face value.

Concurrent Validity

Concurrent validity is the extent to which test scores or measurements are correlated with other measures or outcomes that are theoretically related and taken at the same time.

Predictive Validity

How well a result from a test or scale forecasts subsequent performance in a connected area.

Face Validity

The degree to which a test or measure appears effectively to assess what it is supposed to assess, based on casual inspection.