A Rightward Shift of a Demand Curve Is Called A(n)

question 12

Multiple Choice

A rightward shift of a demand curve is called a(n)

• A)increase in demand.
• B)decrease in demand.
• C)decrease in quantity demanded.
• D)increase in quantity demanded.

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Definitions:

National Culture

The set of norms, beliefs, practices, and values shared by the population of a country.

Long-Term Oriented

A focus on future rewards and outcomes, valuing long-term benefits over immediate gratification.

Individualistic Culture

A culture characterized by the prioritization of individual goals and rights over those of the group, emphasizing personal achievement and independence.

Terminal Values

The ultimate goals or ends that an individual seeks in life, which guide his or her behavior and decision-making.