Which of the following shifts the demand curve for hot dogs leftward?

A) an increase in the price of a hot dog bun
B) a decrease in the price of a hot dog bun
C) an increase in the price of a hot dog
D) an increase in the price of a hamburger

A

Economics

You might also like to view...

If crowding out exists, contractionary fiscal policy will cause the aggregate demand curve to shift in by more than indicated by the government spending multiplier

a. True b. False Indicate whether the statement is true or false

Economics

In the short run, the monopolist should continue to produce whenever

a. price is greater than zero b. price is less than average total cost c. price is greater than average variable cost d. price divided by average total cost exceeds the ratio of marginal cost to average cost at the optimal output e. price is less than average variable cost at the optimal output

Economics