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.

---

Definitions:

Goodwill

An intangible asset that arises when a business is acquired for more than the fair value of its net assets, representing the company's reputation, customer relationships, and other unquantifiable factors.

Internally Generated

Assets or resources that are created within an organization, without acquiring them from external sources.

Gain On Sale

The profit received from selling a capital asset for more than its purchase price.

Plant Asset

A long-term asset used in the production of goods or services, not expected to be consumed or converted into cash within a year.