Which of the following will not shift the demand curve for grapefruit?
a. an announcement that eating a grapefruit before every meal will induce weight loss
b. a new technology that cuts the labor time needed to harvest grapefruit
c. an announcement that eating grapefruit causes skin problems
d. a fall in the price of oranges
e. an announcement that the price of grapefruit will increase next week
B
You might also like to view...
Assume that the stock of money is determined by the Federal Reserve and does not change when the interest rate changes. This situation means that the:
A. Supply of money curve is vertical B. Supply of money curve is horizontal C. Demand for money curve is directly related to the interest rate D. Supply of money curve is inversely related to the interest rate
Which branch of economics is most likely to study differences in countries' growth rates?
A. microeconomics B. normative economics C. experimental economics D. macroeconomics