Ask Question
1 February, 21:35

Which occurrence could cause the demand curve for cars in your city to shift to the left? a layoff of 500 workers at the city's airport a sale at the local dealership that ends next week a rise in the average wages hundreds of new people moving into your city?

+1
Answers (1)
  1. 2 February, 00:42
    0
    Which occurrence could cause the demand curve for cars in your city to shift to the left? A layoff of 500 workers at the city's airport.

    Out of the choices, a layoff of 500 workers is the only negative impact that would happen. When there is a shift to the left of the demand curve, then there is a decrease in the demand that is needed. Some exmaples of a shift to the left of the demand curve is a decrease in income, decrease in the price of a substitute product or service and the rise in a price of another option. All of these are negatively going to effect consumer demand for a good or service.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Which occurrence could cause the demand curve for cars in your city to shift to the left? a layoff of 500 workers at the city's airport a ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers