All of the Following Could Shift the Demand Curve Except

question 43

Multiple Choice

All of the following could shift the demand curve except,

• A)a change in the price of substitutes
• B)a shift of the supply curve
• C)a rise in income
• D)a rise in population that buys the good

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Definitions:

Normal Balance

The side (debit or credit) of an account that is positive or increasing in nature, depending on the type of account.

Adjusting Entry

A journal entry made at the end of an accounting period to allocate income and expenditure to the period in which they actually occurred.

Uncollectibles

Financial term referring to debts or receivables that are deemed unlikely to be collected and thus written off.

Partial Balance Sheet

A snapshot of a portion of a company's financial position at a specific point in time, focusing on certain assets, liabilities, or equity sections rather than the complete picture.