If the Market for a Good Is Initially in Equilibrium

question 132

Multiple Choice

If the market for a good is initially in equilibrium and there is a rightward shift of the demand curve,then

• A) the equilibrium price will fall
• B) there will be a rightward movement along the supply curve
• C) the supply curve will also shift to the right
• D) the supply curve will shift to the left
• E) the demand curve will shift back as consumers react to the higher equilibrium price

Understand the role and value of Twitter and other microblogs in business communication.

Master the use of hashtags and their importance in microblogging.

Acknowledge the social networking features of microblogs and their advantages for businesses.

Recognize the differences between microblogs and traditional blogs.

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Definitions:

Multiculturalism

The presence and coexistence of diverse cultural groups in a society, celebrated for the enrichment it brings.

Global-Mindset

A global-mindset is the ability to appreciate and influence individuals, businesses, and cultures in a global context.

Global Mindset

The ability to appreciate and navigate diverse cultures, perspectives, and practices in global business environments.

Across Cultures

Spanning or encompassing multiple cultural backgrounds, traditions, or practices, and often concerning the comparison or interaction between them.