All of the Following Can Shift the Demand Curve to Either

question 55

Multiple Choice

All of the following can shift the demand curve to either the right or left EXCEPT a change in the _____.

• A) number of buyers
• B) attitudes of buyers about the future
• C) income of buyers
• D) opportunity cost of suppliers

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Definitions:

National Defense

Governmental and military activities aimed at protecting a country and its citizens from external threats and ensuring national security.

Efficiency

The optimal allocation of resources to maximize the production of goods and services.

Equity

The value of an asset after deducting what is owed on it, or the ownership interest in a company as held by shareholders.

Tax Revenue

The income that is collected by the government through various forms of taxation, including income taxes, corporate taxes, and sales taxes, which is then used to fund public services and government operations.