1. Initial investment: On June 1, Samantha Brown opened Brown Real Estate Agency with an investment of $13,970 cash and $3,040 worth of equipment. This means that she contributed a total of $13,970 + $3,040 = $17,010 to start the business.
2. Insurance payment: On June 2, Brown Real Estate Agency paid $1,410 for a one-year insurance policy. This payment covers insurance expenses for the upcoming year.3. Equipment purchase: On June 3, Brown Real Estate Agency purchased additional equipment for $4,850. They paid $775 in cash and signed a note payable for the remaining balance. This means that $775 was paid in cash, and a note payable was signed for the remaining balance of $4,850 - $775 = $4,075.4. Rental fee: On June 10, Brown Real Estate Agency received $390 cash as a fee for renting an apartment. This amount represents the rental income they earned for providing their services.
5. Commission earned: On June 16, Brown Real Estate Agency sold a house and lot for B. Davis. The commission due from Davis is $7,280. However, the payment from Davis is not received at this time.6. Advertising expense: On June 27, Brown Real Estate Agency paid $695 for advertising that will run during the month of June. This expense is for promoting their services and attracting potential clients.7. Telephone service bill: On June 29, Brown Real Estate Agency received a $60 bill for telephone service used during the month of June. However, the bill will be paid in July.
8. Salary payment: On June 30, Brown Real Estate Agency paid an administrative assistant $2,360 in salary for the month of June. This is the amount paid to their employee for their services during the month.9. Commission received: On June 30, Brown Real Estate Agency received $7,280 in cash from B. Davis for the transaction that occurred on June 16. This represents the payment of the commission owed by Davis.
In summary, during the first month of business, Brown Real Estate Agency made an initial investment of $17,010, earned rental income of $390, and received a commission of $7,280. They also incurred expenses such as insurance, equipment purchase, advertising, telephone service, and salary payments.
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The cost of campaigning requires candidates to conduct extensive
activities.
O community service
O fund-raising
O illegal
O campaigning
Answer:
fund-raising
Explanation:
Running for a political office is an expensive affair. The candidate and political party require a lot of money to run a successful campaign. To raise funds needed to conduct campaigns, political parties and candidates organize fundraising activities and events.
Community service and campaigning are good platforms to woe voters but cannot generate funds to run for a political office.
There are three categories of income tax filers in the United States: those who never evade taxes, those who sometimes do it, and those who always do it. An examination of audited tax returns from one year to the next shows that of those who did not evade taxes last year, 95% continue in the same category this year, 4% move to the "sometimes" category, and the remainders move to the "always" category. For those who sometimes evade taxes, 6% move to "never," 90% stay the same, and 4% move to "always." As for the "always" evaders, 0% move to "never" category, 10% move to "sometimes" category, and 90% stay the same. a) Define the state space for the above process and show that it can be modeled as a Markov Chain. b) Construct the one step probability transition matrix. c) Identify the recurrent and transient states and determine the classes for the matrix you constructed in part (b) d) Is it possible to find limiting probabilities for this Markov Chain? Explain. e) Suppose that in 2019 a citizen is labeled in "always" category. Find the probability that she will be in "sometimes" category in 2021 .
Each state represents the category of income tax filers: Never (those who never evade taxes), Sometimes (those who sometimes evade taxes), and Always (those who always evade taxes).
This process can be modeled as a Markov Chain because the transition from one state to another only depends on the current state and not on the history of transitions. The probabilities of transitioning between states are fixed and do not change over time. The one-step probability transition matrix, P, can be constructed as follows:If a citizen is labeled in the "always" category in 2019, the probability that she will be in the "sometimes" category in 2021 can be found by multiplying the corresponding transition probabilities: and Always (those who always evade taxes).
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If you are interviewed by more than one person, you should send a thank-you note to _____.
each person in the interview
each person you see in the building
the first person you are introduced to
the person who is obviously leading the interview
Answer:
option A is correct.
i.e.
each person in the interview.
Explanation:
Because thank-you letter provides a simple but effective way to express gratitude to all the individuals you met with.
Sid Brutality is the lead guitarist and singer for a popular and successful rock group known as Bad Aftertaste. Bad Aftertaste practices twice a month at Sid’s home. Sid’s neighbor, Kate, is trying to sell her home. Does Kate need to provide written disclosure that Bad Aftertaste practices nearby?
Considering the situation described above, Yes, Kate needs to provide written disclosure that Bad Aftertaste practices nearby.
What is Written Disclosure?A Written Disclosure is a written agreement that is made to state the nature of the condition of items that forms the major part of the contract.
Given that Bad Aftertaste practices are nearby and the noise or sound of the band may affect the new neighbor or occupant of the building, it is expected that the potential buyer is aware of the nature of the building.
Written disclosure should be made and delivered to the buyer before acceptance is made. it must be dated and signed.
Hence, in this case, it is concluded that the correct answer is Yes; Kate needs to provide written disclosure that Bad Aftertaste practices nearby.
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any contingency designed and implemented by a contingency manager with the goal of achieving acquisition, maintenance, or generalization of a learner’s behavior.
A contingency in behavior analysis refers to a specific event or circumstance that is designed and implemented by a contingency manager to achieve certain behavioral outcomes in a learner. The purpose of these contingencies is to promote the acquisition, maintenance, or generalization of desired behaviors.
Let's break down the components of the question to better understand the answer:
1. Contingency: In behavior analysis, a contingency refers to a relationship between a behavior and its consequences. It involves the idea that behaviors can be shaped or changed by the consequences that follow them.
2. Contingency Manager: A contingency manager is a person responsible for designing and implementing contingencies. This role may be fulfilled by a teacher, therapist, or any individual involved in behavior modification programs.
3. Acquisition: Acquisition refers to the process of learning new behaviors. In the context of the question, a contingency manager may design and implement contingencies to facilitate the acquisition of desired behaviors in a learner.
4. Maintenance: Maintenance refers to the continued performance of a learned behavior over time. Contingencies can be designed to support the maintenance of behaviors by reinforcing their occurrence and preventing their extinction.
5. Generalization: Generalization refers to the application of learned behaviors in different settings or situations. Contingencies can be used to encourage the generalization of behaviors by reinforcing their occurrence across various contexts.
To summarize, a contingency designed and implemented by a contingency manager aims to achieve acquisition, maintenance, or generalization of a learner's behavior. This involves the use of specific consequences to shape, reinforce, and promote desired behaviors. Examples of contingencies could include providing rewards or positive reinforcement when a learner exhibits a target behavior, using prompt and fading techniques to facilitate skill acquisition, or implementing behavior management strategies to ensure the maintenance of behaviors over time.
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1. Why is career education so important for teens?
Autocratic managers tend not to _____.
Answer:
Autocratic managers don't entertain any suggestions or consider initiatives from subordinates. This style of management is effective for quick decision making but is generally not successful in fostering employee engagement or maintaining worker satisfaction.
Explanation:
4. What are some of the things that could happen on the job that would cause me to resign?
Answer:
Some of the things that could happen on the job that would cause you to resign are:
A toxic work environment. If you are constantly feeling stressed, anxious, or unhappy at work, it may be time to resign. A toxic work environment can have a negative impact on your physical and mental health, and it can make it difficult to be productive.A lack of opportunities for growth. If you feel like you are not learning or growing in your current role, you may be ready to move on. A lack of opportunities for growth can lead to boredom, frustration, and a feeling of stagnation.Unrealistic expectations. If your employer is constantly setting unrealistic expectations, it can be very difficult to meet them. This can lead to stress, anxiety, and burnout.A lack of support from your manager. If you feel like your manager is not supportive of you or your work, it can be very difficult to be successful in your role. A lack of support can make it difficult to ask for help when you need it, and it can make you feel like you are not valued.A change in the company culture. If the company culture changes in a way that you do not agree with, it may be time to resign. A change in company culture can make it difficult to fit in, and it can make you feel like you are no longer a good fit for the company.A personal reason. Sometimes, you may need to resign from your job for a personal reason, such as a family emergency or a health issue. If you are facing a personal crisis, it is important to put your own needs first.Why would you write a complaint to a company?
Answer:
To discuss with a company about a problem you may be having with their service or product.
Explanation:
What is the primary purpose of incident investigation?
A. To determine the direct and root causes of the incident
B. To disturb physical evidence
C. To find fault
D.To satisfy the insurance company
The two major strategic objectives of supply chain management and production are to _____.lower costsincrease product quality.
The two major strategic objectives of supply chain management and production are to lower costs and increase product quality.
Lowering costs and increasing product quality are two critical strategic objectives in supply chain management and production. The first objective, lowering costs, aims to optimize operational expenses throughout the supply chain. By reducing costs associated with procurement, transportation, inventory management, and production processes, businesses can enhance their competitiveness and profitability. This objective often involves streamlining operations, improving efficiency, negotiating favorable contracts with suppliers, and implementing cost-saving measures.
The second objective, increasing product quality, focuses on delivering products that meet or exceed customer expectations. High-quality products not only enhance customer satisfaction but also contribute to brand reputation and customer loyalty. Achieving this objective involves implementing quality control measures, investing in research and development, continuous improvement efforts, and ensuring adherence to quality standards throughout the supply chain. Hence, the strategic objectives of supply chain management and production include lowering costs to optimize operational efficiency and profitability while simultaneously increasing product quality to meet customer expectations and maintain a strong brand reputation.
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Murray Exports (A). Murray Exports (U. S. ) exports heavy crane equipment to several Chinese dock facilities. Sales are currently 10,000 units per year at the yuan equivalent of $24,000 each. The Chinese yuan (renminbi) has been trading at Yuan8. 20/$, but a Hong Kong advisory service predicts the renminbi will drop in value next week to Yuan9. 00/$, after which it will remain unchanged for at least a decade. Accepting this forecast as given, Murray Exports faces a pricing decision in the face of th
The Chinese yuan (renminbi) is expected to drop in value from Yuan8.20/$ to Yuan9.00/$ next week and remain unchanged for at least ten years. Murray Exports now needs to make a pricing decision considering this forecast.
Considering the forecasted devaluation of the renminbi, Murray Exports needs to determine how to adjust their pricing strategy. With the current exchange rate of Yuan8.20/$, each unit is priced at the yuan equivalent of $24,000. However, with the predicted devaluation to Yuan9.00/$, the yuan equivalent of $24,000 would decrease in value.
To maintain their profit margin, Murray Exports could consider increasing the yuan price per unit to compensate for the devaluation. They would need to calculate the new yuan price that would result in the same dollar revenue when converted at the expected exchange rate. Alternatively, they could choose to keep the yuan price unchanged, which would effectively reduce the dollar revenue per unit due to the devaluation.
Ultimately, the pricing decision would depend on various factors, including market conditions, competition, and the company's objectives.
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Which of the following is not an example of professional behavior
?
What does liability insurance not cover in the event of an
accident?
The liability insurance does not cover the intentional harm caused by the insured, Employee injuries or illnesses, Illegal acts or wrongdoing in the event of an accident.
What is a Liability Insurance?Liability insurance is a norm to provide the insured party with some conservation against claims resulting from injuries and damage to people or property, covering both legal costs and any payouts for which the insured party would be responsible if found legally liable.
There are two types of liability coverage: bodily injury and property damage. Many states in the US needs liability coverages, subject to limits, which is the maximum amount the insurer will pay when the incident occurs. For example, a car accident can be expensive. This is why there is a limit of compensation which an insurer can offer.
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What is the difference between the pre-reservation and installment
Answer:
is that reservation is the act of reserving, withholding or keeping back while installment is the act of installing; installation or installment can be a portion of a debt, or sum of money, which is divided into portions that are made payable at different times payment by installment is payment by parts at different
Why do you feel we should choose to hire you over other candidates?*
1
Answer:
Because you have a unique skill that they will need.
Explanation:
Sarah’s marketing team was beginning the process of developing a new product to expand their current product line and/or mix. At her very first meeting, she had the team write on the board their objectives within the marketing department, the business unit, and corporation, the characteristics they’d like their new product to have its role within the current marketing offerings, and the target market they would be targeting. This indicates that Sarah and her team were at the ___________ stage of the new product development process.
Answer: New-product strategy
Explanation:
Based on the information given in the question, Sarah and her team were at the new product strategy stage of the new product development process.
This is a strategy that is used to develop a new product. The strategy helps to answer questions such as who will benefit from the products, the goals of the company and other necessary details.
according to capm, what is the expected return of a stock with a beta of 1.5 when the risk free rate is 3% and market risk premium is 9%?
When the zero risk interest is 3% and the premium is 9%, the payback period of a commodity with something like a beta , 1.5 is said to be 16.5%.
What does "stock" mean in its simplest form?A stock, commonly referred to that as capital, is a type of investment that denotes possession in such a portion of both the issuing company. Shares, also known as units of stock, entitle its owners to a share of the company's assets and earnings in proportion to the number of shares they possess.
Briefing:Formula is-
Return anticipated for a stock is calculated as follows: Beta
Expected return of a stock = 3% + 9% * 1.5 = 16.5%
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The complete question is-
According to CAMP, what is the expected return of a stock with a beta of 1.5 when the risk free rate is 3% and market risk premium is 9%?
(a). 16.5%
(b). 13.5%
(c). 12%
(d). 10%
For money to function as a medium of exchange, it must be easily moved from one location to the next. What characteristic of money does this statement reflect?
A)divisibility
B)durability
C)acceptability
D)stability
E) portability
For money to function as a medium of exchange, it must be easily moved from one location to the next. This statement reflects the characteristic of money known as portability. Option E is the correct answer.
Portability refers to the ease with which money can be transported or moved from one place to another. Money should be convenient to carry and transfer, allowing for seamless transactions across different locations.
This characteristic is essential for money to serve its purpose as a medium of exchange in facilitating economic transactions. Whether it is in the form of physical cash or digital currency, the portability of money ensures its practicality and effectiveness in facilitating transactions.
Option E is the correct answer.
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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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multiple choice-- economics
Entrepreneurs do all of the following EXCEPT ...
Come up with new ideas about what, how, when, and where to produce
Own all the other resources
Organize labor, land, and capital
Bear risk from business decisions
Entrepreneurs do all of the following except own all the other resources. Thus, the correct answer is option B.
Who are Entrepreneurs ?An entrepreneur is someone who has an idea and tries to develop a good product or service that others will purchase, together with a business to help them in their endeavour. An entrepreneur is seen as a visionary or an innovator since they take on the majority of the risk and responsibility for their new company.
An individual who starts a new firm, taking on the majority of the risks and reaping the majority of the gains, is known as an entrepreneur. The entrepreneur is frequently viewed as an innovator, a source of fresh concepts for products, services, businesses, and operational methods. An entrepreneur plans for labour, capital, and resources.
Therefore, Own all the other resources is not a role of an entrepreneur.
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1. What is the revised net operating income if unit sales increase by 12%? 2. What is the revised net operating income if the selling price decreases by $1.30 per unit and the number of units sold increases by 19%? 3. What is the revised net operating income if the selling price increases by $1.30 per unit, fixed expenses increase by $6,000, and the number of units sold decreases by 7%? 4. What is the revised net operating income if the selling price per unit increases by 20%, variable expenses increase by 20 cents per unit, and the number of units sold decreases by 13%?
Answer:
the information about the company's income statement is missing, so I looked for a similar question (see attached image):
current contribution margin per unit = $3
current sales volume = 44,000 units
fixed expenses = $46,000
1. What is the revised net operating income if unit sales increase by 12%?
[(44,000 x 1.12) x $3] - $46,000 = $101,8402. What is the revised net operating income if the selling price decreases by $1.30 per unit and the number of units sold increases by 19%?
[(44,000 x 1.19) x $1.70] - $46,000 = $43,012
3. What is the revised net operating income if the selling price increases by $1.30 per unit, fixed expenses increase by $6,000, and the number of units sold decreases by 7%?
[(44,000 x 0.93) x $4.30] - $52,000 = $123,9564. What is the revised net operating income if the selling price per unit increases by 20%, variable expenses increase by 20 cents per unit, and the number of units sold decreases by 13%?
[(44,000 x 0.87) x $4.60] - $46,000 = $130,088
Phyllis and maury obtained a mortgage from taylor bank & trust in 1998. in 2014, they obtained a second mortgage from quail loans. what's the loan with taylor bank & trust considered?
The fact that Phyllis and Maury obtained a mortgage from Taylor Bank & Trust first means that the loan with that bank is a First Mortgage.
What is a first mortgage?The first mortgage refers to the first time that a mortgage loan was acquired on a property.
This loan would often be senior to any subsequent loans that come afterwards which means that in the case of default, they have priority. The loan from Taylor Bank & Trust was acquired first so this is a First Mortgage.
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One of the most viable strategic options companies should consider in tailoring their strategy to fit circumstances of emerging country markets includes.
The most viable strategic option is be prepared to modify aspects of the company's business model to accommodate local circumstances. Correct option is B.
Emerging country markets often have unique characteristics, including cultural, economic, and regulatory factors that can significantly impact business operations. In order to succeed in these markets, companies must be willing to adapt their business models to align with the local environment.
Attempting to change the local market to better match the way the company does business elsewhere (option A) may not be feasible or effective in emerging markets.
Local consumers, preferences, and business practices may differ significantly from those in other regions, requiring companies to adapt their approaches to cater to the specific needs and expectations of the local market.
Competing solely on the basis of low price (option C) can be challenging and unsustainable in the long term. While price competitiveness is important, it should be complemented with other value propositions, such as product differentiation, service quality, or innovation, to establish a sustainable competitive advantage.
Staying away from emerging markets where it is impractical to modify the company's business model (option D) may result in missed opportunities for growth and expansion. Companies that are open to modifying their business models and adapting to local circumstances are more likely to seize opportunities and establish a strong presence in emerging markets.
Therefore, option E (All of these) is not the correct choice, as not all the options are equally viable. Option B, being prepared to modify aspects of the company's business model to accommodate local circumstances, is the most appropriate and effective strategic option when entering emerging country markets.
Correct option is B.
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Complete question is:
One of the most viable strategic options companies should consider in tailoring their strategy to fit circumstances of emerging country markets includes
A. try to change the local market to better match the way the company does business elsewhere.
B. be prepared to modify aspects of the company's business model to accommodate local circumstances.
C. prepare to compete on the basis of low price.
D. stay away from those emerging markets where it is impractical to modify the company's business model to accommodate local circumstances.
E. All of these.
Sheffield Company has the following account balances: Sales Revenue $243,000, Sales Discounts $2,110, Cost of Goods Sold $116,900, and Inventory $53,600.
Prepare the entries to record the closing of these items to Income Summary. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
The first entry records the sale of products or services for $243,000, with a debit to Sales Revenue and a credit to Income Summary.The second entry records a sales discount of $2,110, with a debit to Income Summary and a credit to Sales Discounts.
To record the closing of the given account balances for Sheffield Company, we need to prepare journal entries that will transfer the balances to the Income Summary account.
1. Close the Sales Revenue account:
- Debit Sales Revenue for $243,000
- Credit Income Summary for $243,000
2. Close the Sales Discounts account:
- Debit Income Summary for $2,110
- Credit Sales Discounts for $2,110
3. Close the Cost of Goods Sold account:
- Debit Income Summary for $116,900
- Credit Cost of Goods Sold for $116,900
To summarize, the journal entries to close these accounts to Income Summary are as follows:
1. Debit Sales Revenue $243,000; Credit Income Summary $243,000
2. Debit Income Summary $2,110; Credit Sales Discounts $2,110
3. Debit Income Summary $116,900; Credit Cost of Goods Sold $116,900
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Can I get some assistance
Which of the following is a provision of the Financial Reform Act of 2010 (aka Dodd-Frank)?
A. Removed the interest rate ceiling on deposits
B. Required banks to use a clearing house for derivatives
C. Lowered the limit on deposit insurance to $100,000
D. Allowed banks to acquire failing institutions across state lines
E. All of the above
The provision of the Financial Reform Act of 2010, also known as Dodd-Frank, that is related to the options provided is B. Required banks to use a clearing house for derivatives.
Dodd-Frank was enacted in response to the financial crisis of 2008 to address issues in the financial industry and improve transparency and stability. One of its significant provisions was the requirement for banks to use a clearing house for derivatives. Derivatives are financial instruments whose value is derived from an underlying asset, such as stocks, bonds, or commodities.
By mandating the use of clearing houses, the act aimed to bring more transparency and accountability to the derivatives market and reduce the risks associated with these complex financial instruments. Clearing houses act as intermediaries between buyers and sellers, ensuring the fulfillment of contractual obligations and mitigating counterparty risks.
To summarize, among the options provided, the provision of the Financial Reform Act of 2010 that is correctly associated with Dodd-Frank is B. It required banks to use a clearing house for derivatives, aiming to enhance transparency and reduce risks in the derivatives market.
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A homeowner takes out a $387,000, 30-year fixed-rate mortgage at a rate of 5.35 percent. What are the monthly mortgage payments? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
The homeowner's monthly mortgage payment is $2,172.60.
To calculate the monthly mortgage payments, we can use the formula for a fixed-rate mortgage payment:
M = P * (r * (1+r)^n) / ((1+r)^n - 1)
Where:
M = Monthly mortgage payment
P = Principal amount (loan amount)
r = Monthly interest rate (annual rate divided by 12)
n = Total number of monthly payments (number of years multiplied by 12)
In this case, the principal amount is $387,000, the annual interest rate is 5.35 percent, and the loan term is 30 years.
First, we need to convert the annual interest rate to a monthly rate:
Monthly interest rate = (5.35 / 100) / 12 = 0.00445833
Next, we calculate the total number of monthly payments:
Total number of payments = 30 years * 12 months/year = 360
Finally, we can plug these values into the mortgage payment formula:
M = 387,000 * (0.00445833 * (1+0.00445833)^360) / ((1+0.00445833)^360 - 1)
Calculating this equation, we find that the monthly mortgage payment is approximately $2,172.60.
Therefore, the homeowner's monthly mortgage payment is $2,172.60.
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Sammy says, “I don’t think it’s fair that I have to pay for car insurance when I’m a super safe driver.” Explain why this logic is flawed.
Answer:
Car insurance isn't in place for people who are bad drivers, although I'm sure it helps them too. It's in place for situations you can never predict. Just because you're a good driver doesn't mean the people around you aren't. You have no control of other people's actions, so you might actually need that insurance Sammy.
Explanation:
im smart
This logic that "I don’t think it’s fair that I have to pay for car insurance when I’m a super safe driver.” is absolutely illogical as the rules and regulations set by the TRANSPORT DEPARTMENT is for every individual travelling on streets by any vehicle whether it is bicycle or a a four wheeler.
What are the Traffic Rules to drive a vehicle?Always have valid documents of the vehicleAlways carry the Driving LicenseDo not drink and driveDo not use Mobile while drivingDo not OverspeedAlways stop at Red LightAlways wear Helmet on Two wheeler and seat belt on Four wheeler.Always have Insurance of the vehicleWhy Insurance of Vehicle is Mandatory?Having Insurance of Car is mandatory because it ensures the financial safety of the person who is driving and also if any casualty happened, it also ensure the financial safety of that person. Casualty can happen because of many reasons and it does not completely depends on the efficiency of the driver.
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Nike becomes very unpopular. What happens to demand for Reebok?
A. The D-curve shifts to the right
B. The D-curve shifts to the left
C. The D-curve doesn't shift. QD increases
D. The D-curve doesn't shift QD decreases
Answer:
A. The D-curve shifts to the right
Explanation:
Nike and Reebok are supplement goods. It means customers can use either of two brands of shoes with almost equal satisfaction. A change of preferences by customers will influence the demand for supplement goods.
If Nike becomes unpopular, the demand for Reebok will increase. Because the increase in demand is not due to price changes, the demand curve will shift to the right. A shift in the demand curve means that the quantity demanded increases at all prices.