The Demand Curve for Chocolate Shifts to the Right If

question 49

Multiple Choice

The demand curve for chocolate shifts to the right if:

• A)the price of chocolate increases
• B)medical studies conclusively find that chocolate helps fight migraines
• C)consumers expect the price of chocolate to fall in the future
• D)the government imposes a new tax on milk
• E)the price of chocolate decreases

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Definitions:

Controller

A senior executive responsible for the accounting operations and financial reporting of a company.

Board of Directors

A group of individuals elected by shareholders to oversee the management and make key decisions for a corporation.

Declare Dividends

Declare dividends refers to the action by a company's board of directors to distribute a portion of the earnings to shareholders, typically in the form of cash or stock.

Execute Policy

The act of implementing or carrying out a set of directives or procedures laid down by an organization or government.