How might a government cause a demand shift to the right?

A. By regulating supplies
B. By requiring consumers to purchase certain products
C. By causing a shift in consumer tastes
D. By increasing taxes


Answer: B

Economics

You might also like to view...

When is an individual said to have single-peaked policy preferences?

What will be an ideal response?

Economics

One barrier to entry that may maintain an oligopoly is

a. government policy designed to limit foreign competition b. a low minimum efficient scale c. bounded markup pricing d. efficiency wages that make it impossible for new entrants to compete profitably e. executive payoffs

Economics

A firm cannot price discriminate if it

a. has perfect information about consumer demand. b. operates in a competitive market. c. faces a downward-sloping demand curve. d. is regulated by the government.

Economics

The smaller the required reserve ratio, the larger the simple deposit multiplier

Indicate whether the statement is true or false

Economics