Which One of the Following Would Cause a Rightward Shift

question 10

Multiple Choice

Which one of the following would cause a rightward shift in the demand curve of digital cameras?

• A) Digital cameras become easier to use.
• B) The price of digital cameras decreases.
• C) Production methods are modified to make production of digital cameras more efficient.
• D) Government regulations are imposed to limit the number of digital cameras imported.

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Definitions:

Certificate of Authority

An official document issued by regulatory authorities granting permission for a company to do business in a particular jurisdiction.

Foreign Company

A foreign company is a business entity that is incorporated in a country other than where it conducts its majority operations or where its principal investors reside.

LLC

stands for Limited Liability Company, a business structure that combines the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation.

Joint Venture

A business arrangement in which two or more parties agree to pool resources for the purpose of accomplishing a specific task.