Which of the Following Factors Causes a Demand Curve to Become

question 201

Multiple Choice

Which of the following factors causes a demand curve to become more elastic over time?

• A) New substitutes for the product are discovered.
• B) New and important uses for the product are discovered.
• C) More producers begin to produce the product.
• D) More consumers acquire a desire for the product.

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Definitions:

Claim

A demand for something as due; an assertion of a right to money, property, or legal recognition.

Rescuer

An individual who saves someone from harm or danger, often in emergency situations.

Negligence Action

Legal proceedings taken against an individual or entity accused of failing to take reasonable care, resulting in harm or damage.

Prove

To demonstrate the truth or validity of something through evidence or argument.