Econ 221 MC Quiz 3b WS04
This is the end of the test. When you have completed all the questions and reviewed your answers, press the button below to grade the test. What would cause a demand curve to shift to the left?The demand curve shifts to the left if the determinant causes demand to drop. That means less of the good or service is demanded. That happens during a recession when buyers' incomes drop. They will buy less of everything, even though the price is the same.
Which of the following could cause the demand curve for DVDs to shift to the right?Thus, the demand curve for DVD rentals will shift to the right when the price of movie theater tickets increases [Panel (a)].
Which of the following would cause the demand curve to shift?Changes in factors like average income and preferences can cause an entire demand curve to shift right or left. This causes a higher or lower quantity to be demanded at a given price.
What causes the demand curve to shift to the right to the left quizlet?Any change that increases the demand shifts the demand curve to the right and is called an increase in demand. Any change that reduces the quantity demanded at every price shifts the demand curve to the left and is called a decrease in demand.
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