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FIGURE 3-1 -Refer to Figure 3-1.A Shift of the Demand Curve for Curve

Question 57

Multiple Choice

  FIGURE 3-1 -Refer to Figure 3-1.A shift of the demand curve for energy-efficient light bulbs from D to D<sup>1</sup> could be caused by A) a decrease in the price of ordinary light bulbs. B) a news bulletin stating that energy-efficient light bulbs emit a harmful gas. C) a decrease in the price of energy-efficient light bulbs. D) an expectation that government regulation will soon prohibit the use of ordinary light bulbs. E) a change in preferences toward ordinary light bulbs. FIGURE 3-1
-Refer to Figure 3-1.A shift of the demand curve for energy-efficient light bulbs from D to D1 could be caused by


A) a decrease in the price of ordinary light bulbs.
B) a news bulletin stating that energy-efficient light bulbs emit a harmful gas.
C) a decrease in the price of energy-efficient light bulbs.
D) an expectation that government regulation will soon prohibit the use of ordinary light bulbs.
E) a change in preferences toward ordinary light bulbs.

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