A Rightward Shift of the Entire Demand Curve

question 178

Multiple Choice

A rightward shift of the entire demand curve

• A)is an decrease in demand.
• B)might be due to an increase in the income of consumers who buy the product.
• C)might be due to a tax reduction on the product.
• D)All of these choices are true.

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Definitions:

Compasses

Devices designed to aid in finding one's way by indicating the direction in relation to the Earth's cardinal points.

Trade

The exchange of goods and services between people or entities, often in return for money.

Great Goals

Objectives that are ambitious, clear, and challenging, yet achievable, and that motivate individuals or teams to perform at their highest levels.

Specific

Clearly defined or identified; precise or particular in nature.