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MULTIPLE CHOICE

Question 8

Multiple Choice

MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question.   FIGURE 3-1 -Refer to Figure 3-1. The movement along the demand curve, D, from point v to point x, could becaused by A)  an expectation that new, government regulations will require the use of energy-efficient light bulbs only. B)  an increase in household income, which allows consumers to purchase more light bulbs. C)  a change in preferences away from ordinary light bulbs to energy-efficient light bulbs. D)  a change in the price of ordinary light bulbs. E)  a change in the price of energy-efficient light bulbs. FIGURE 3-1
-Refer to Figure 3-1. The movement along the demand curve, D, from point v to point x, could becaused by


A) an expectation that new, government regulations will require the use of energy-efficient light bulbs only.
B) an increase in household income, which allows consumers to purchase more light bulbs.
C) a change in preferences away from ordinary light bulbs to energy-efficient light bulbs.
D) a change in the price of ordinary light bulbs.
E) a change in the price of energy-efficient light bulbs.

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