Figure 4-7 -Refer to Figure 4-7.If the Demand Curve for Good X

question 43

Multiple Choice

Figure 4-7
-Refer to Figure 4-7.If the demand curve for Good X shifts from Db to Da,then

• A)firms would be willing to supply more of Good X than before at each possible price.
• B)people are willing to buy less of Good X than before at each possible price.
• C)people's incomes must have increased.
• D)the price of Good X has increased.

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Definitions:

Photocopier Maintenance

The routine checking and servicing of photocopying machines to ensure their proper functioning and longevity.

Business Products

Goods and services that are purchased for the purpose of being used in the production of other goods and services, to support daily operations or for resale.

Oral Contraceptives

Medications taken by mouth to prevent pregnancy, commonly referred to as birth control pills, which contain hormones to inhibit ovulation.

Hormonal Methods

involve the use of hormones to prevent pregnancy and can include birth control pills, patches, injections, and implants.