A Shift in the Demand Curve Occurs When

question 256

Multiple Choice

A shift in the demand curve occurs when

• A)suppliers place more goods on the market.
• B)the price of a good rises.
• C)consumers want to buy more or less than before at a given price.
• D)the price of the good falls.

---

Definitions:

Primary Activities

The fundamental actions or processes that are directly involved in creating and delivering a product or service to customers.

Value Chain

A model that describes the full range of activities needed to create a product or service, from conception to delivery.

Human Resource Management

involves recruiting, hiring, deploying, and managing an organization's employees.

Value Chain

A series of activities that a firm operating in a specific industry performs in order to deliver a valuable product or service for the market.