Which of the Following Will Cause the Demand Curve for a Good

question 335

Multiple Choice

Which of the following will cause the demand curve for a good to shift to the right?

• A) Decrease in income for a normal good.
• B) Increase in the price of a complementary good.
• C) Decrease in the price of the good.
• D) Increase in the price of a substitute good.
• E) Expectation of a future price decline.

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Definitions:

Offsetting Profits

Earnings that counterbalance or mitigate losses from another aspect of a company’s operations or investments.

Successful Mergers

The combining of two or more companies in a way that results in increased value generation, efficiency gains, and enhanced competitiveness in the market.

Rapid Growth

This denotes a phase where a company or economy experiences an above-average increase in revenue, production, or other significant measures over a short time.

Acquisitions

The process of obtaining control of another corporation by purchasing or exchanging equity interests or assets.