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17. Which of the following will cause the demand curve to shift to the right? (Increase demand)* A Taxes increase on an item B Consumer

17. Which of the following will cause the demand curve to shift to the right? (Increase demand)*

A Taxes increase on an item

B Consumer preference decreases

C The number of consumers increases

D Productivity decreases

18. If consumer taste or preference increases for a good, which of the following will happen?*

A The demand curve will shift to the right

B The demand curve will shift to the left

C The supply curve will shift to the right

D The supply curve will shift to the left

19. Which word would correctly complete the passage below? In economics, _________________ is a general rise in the price level in an economy over a period of time, resulting in a sustained drop in the purchasing power of money. When the general price level rises, each unit of currency buys fewer goods and services.*

A demand

B entrepreneurship

C inflation

D opportunity cost

20. Which statement best describes the graph above moving from point B to point A?*

graph is attached

image text in transcribed
20. Which statement best describes the graph above moving from point B * 4 points to point A? A Government regulations loosened so price decreased B Consun hee increased so price increased Teased

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