Which of the Following Will Not Shift the Demand Curve

question 37

Multiple Choice

Which of the following will not shift the demand curve for a good?

• A)an increase in population
• B)an increase in the price of the good
• C)a decrease in the price of a substitute good
• D)an increase in consumer incomes

Analyze the role of personal needs, such as those outlined in McClelland's theory, in shaping workplace motivation.

Understand the concept and significance of potential real GDP.

Explain the relationship between aggregate supply and aggregate demand in determining equilibrium GDP.

Describe the three ranges of the aggregate supply curve and their economic implications.

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Definitions:

Decision Table

A tool used in both computing and decision analysis, indicating actions to be taken based on various conditions.

Conditional Value

The value of an asset, item, or scenario that depends on the fulfillment of certain conditions or the occurrence of specific events.

Historical Probability

The likelihood of an event occurring based on past data and trends.

Decision Trees

A graphical representation of possible solutions to a decision based on various conditions, often used in strategic planning and decision making.