Which of the Following Could Shift the Demand for a Good

question 2

Multiple Choice

Which of the following could shift the demand for a good to the right?  

• A) a decrease in income, if the good is a normal good 
• B) an increase in the price of a complementary good 
• C) a decrease in the good's price, if the good is normal 
• D) an expectation of a future price increase

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Definitions:

Impact on Expenses

The effect that a specific action or decision has on a company's total expenses.

Time-Driven Activity-Based Costing

An accounting method that assigns costs to products or services based on the actual amount of time they consume resources.

Customer Support Department

A division within a company responsible for helping customers with their queries, complaints, and other service-related issues.

Resolving Issues

The process of identifying, assessing, and solving problems that may arise in a business, project, or process.