Answered

Welcome to Westonci.ca, the ultimate question and answer platform. Get expert answers to your questions quickly and accurately. Get immediate answers to your questions from a wide network of experienced professionals on our Q&A platform. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.

Best Western University wants to increase the size of its student body by shifting the demand curve for its educational services to the right. Which of the following will most likely NOT shift its demand curve to the right?

a. really popular, winning sports teams
b. an improved record in student job placements
c. lower tuition and lower prices on textbooks
d. a "best buy" rating in a national magazine

Sagot :

Answer: C. lower tuition and lower prices on textbooks

Explanation:

A shift in demand simply means that consumers wish to buy more at same price. It is caused by other factors that affect demand except the price. On the other hand, a movement along the demand curve is caused as a result of a change in price.

Based on the options given, lower tuition and lower prices on textbooks will not shift the demand curve since it's a change in price and will rather cause a movement along the demand curve.

Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Westonci.ca is committed to providing accurate answers. Come back soon for more trustworthy information.