Which of the Following Will Not Cause a Demand Curve

question 56

Multiple Choice

Which of the following will not cause a demand curve to shift position?

• A) A doubling of the good's price.
• B) A doubling of the price of a closely substitutable good.
• C) A shift in preferences.
• D) A doubling of both the price of X and the price of Y.

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Definitions:

Annually

Occurring once every year or relating to a period of one year.

Financial Statements

Official records that detail the financial activities and condition of a business, government, or other entity.

Interest Revenue

Income earned by an entity from its investments that pay interest, such as bonds, savings accounts, or loans extended to others.

Receivable

An amount of money owed to a company by its customers or clients for goods or services provided on credit.