Which of the Following Is Least Likely to Increase the Demand

question 500

Multiple Choice

Which of the following is least likely to increase the demand for new tires?

• A) a decrease in the price of tires
• B) a decrease in the price of cars
• C) an increase in consumer income
• D) an increase in the number of miles people drive per year

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Definitions:

National Rate

A standard or average interest rate, unemployment rate, or other statistical measure that applies across an entire country.

Offshoring

The relocation of business processes by a company or subsidiary to another country. Offshoring is different than outsourcing because the company retains control of the offshored processes.