Which of the following would not change demand?
A) the price of the product
B) information about the product's health effects
C) the income of the consumers
D) the price of related products
A
You might also like to view...
Which of the following is correct? The natural rate of unemployment
a. is a zero unemployment rate. b. has been steady at 3 percent over the past decade. c. is defined by Friedman as that rate of unemployment "in which everyone who wants a job can have a job." d. is the unemployment rate that exists in the long-run. e. None of the above
According to the graph shown, consumer surplus is:
A. the area under the supply curve and above the price.
B. the area above the supply curve and below the price.
C. the area under the demand curve and above the market price.
D. the area above the demand curve and below the price.
Name the 6 pillars of free enterprise.
What will be an ideal response?
Which of the following is a determinant of market supply but will not influence the marginal cost curve of an individual firm?
A.) The price of factor inputs. B.) The number of firms in the market. C.) Improvements in technology. D.) The person's desires.