The Demand Curve for a Product Might Shift as the Result

question 174

Multiple Choice

The demand curve for a product might shift as the result of a change in:

• A) consumer tastes.
• B) consumer incomes.
• C) the prices of related goods.
• D) all of these.

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Definitions:

Business

The practice of engaging in commerce, including the creation, marketing, and sale of goods and services.

Government

The system or group of people governing an organized community, often a state, setting and enforcing laws and policies.

Nerve Cells

Specialized cells in the nervous system that transmit information to other nerve cells, muscle, or gland cells.

Biological Subfield

A branch of science that studies the biological processes and aspects of living organisms, often within a particular area like genetics or neuroscience.