What Will Happen When There Is a Rightward Shift in the Demand

question 271

Multiple Choice

What will happen when there is a rightward shift in the demand curve?

• A) The product price will instantaneously adjust downward.
• B) Product prices do not change in this situation.
• C) Producers will decrease the product price.
• D) A new, higher price is not instantaneously achieved, but the price will rise over time.

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Definitions:

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A natural or instinctive response to stimuli that is not learned but rather is inherent from birth.

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The number of heartbeats per unit of time, typically expressed as beats per minute (bpm).

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A region of the brain within the temporal lobe involved in processing auditory information and encoding memory.