When Demand Decreases,the Demand Curve Shifts

question 4

Multiple Choice

When demand decreases,the demand curve shifts

• A)on its axis,becoming flatter.
• B)upward and to the right.
• C)downward and to the left.
• D)on its axis,becoming more vertical.

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Definitions:

Trade Discount

A reduction in price offered by a seller to a buyer for purposes of increasing sales, typically calculated as a percentage off the list price.

Trade Discount

A deduction from the list price of goods agreed upon by the seller and the buyer, typically offered by suppliers to retailers.

Trade Discount

A reduction granted by a supplier on the list or catalog prices of goods or services, often based on the volume of transactions.

Trade Discount

A reduction in the retail price of goods, granted by the wholesaler or manufacturer to the retailer for the purpose of resale.