Which of the Following Will Cause the Demand Curve for a Normal

question 170

Multiple Choice

Which of the following will cause the demand curve for a normal good to shift to the right?

• A)a decrease in income
• B)an increase in the price of a complementary good
• C)a decrease in the price of the good
• D)an increase in the price of a substitute good
• E)an expectation of a future price decline

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Definitions:

Generalizability

The extent to which findings from a study can be applied to broader populations, settings, and times.

Construct Validity

The degree to which a test or instrument measures the theoretical construct it is intended to measure.

Face Validity

The extent to which a test or instrument appears to measure what it is supposed to measure, based on a superficial assessment.

Third-variable Problem

A confounding issue in research that occurs when a seemingly causal relationship between two variables is actually caused by an unseen, third variable.