Which of the following will shift the demand curve for Bo...
Which of the following will shift the demand curve for Bournvita to the right
A rise in price of Bournvita
An increase in income
A tax on cocoa producer
A fall in price of Bournvita
Correct answer is B
A shift in demand means that at any price (and at every price), the quantity demanded will be different than it was before. It caused by a change in the number of consumers, a change in the distribution of tastes among consumers, a change in the distribution of income among consumers with different tastes. Price does not affect the shift of a demand curve.
From the given options, B correctly fits into this narrative.
Most of the National debts is "dead weight" in the sense that is___ ...
Stocking small quantities of a variety of goods is a function of the ...
The demand for coffee and tea is ...
The three groups of government revenue are ...
The economic policy of privatization came up as a result of the poor performance of ...
One of the functions of of the international Monetary Fund (IMF) is to ...
In the diagram above, there is an excess ...
From the graph above, the consumer will attain equilibrium at point ...