The CA Hub

PRC-3 · Chapter 10 · Question 17 of 70

Which of the following events would NOT cause a shift in the demand curve for beef?

Test yourself: pick an answer

Reveal answer & explanation

Correct answer: D) A decrease in the price of beef at the butcher shop

Explanation

A change in the price of the good itself causes a movement along the demand curve, not a shift of the curve.

All 70 questions in Chapter 10Demand, Supply and Market Equilibrium MCQs with answers

More Demand, Supply and Market Equilibrium MCQs

Sponsored slot availableRun a CA academy or hiring firm? Put your name in front of students preparing for this exam.Advertise →