There Has Been a Decrease in the Demand for Socks

question 94

Multiple Choice

There has been a decrease in the demand for socks.This change can be shown graphically as:

• A)a shift in the demand curve to the right.
• B)a shift in the demand curve to the left.
• C)a movement along the demand curve to the right.
• D)a movement along the demand curve to the left.

---

Definitions:

Muriel Niederle

An economist known for her research in experimental economics and market design.

Lise Vesterlund

An economist known for her research in the fields of public economics and experimental economics, focusing particularly on charitable giving and gender differences in competition.

College Degree

A formal certification by an educational institution recognizing the completion of a prescribed course of study in a particular field or discipline.

Black Female Workers

Refers to women workers of African descent, acknowledging their specific experiences and challenges in the labor market.