If a 10 Percent Rise in the Price of Goods

question 17

Multiple Choice

If a 10 percent rise in the price of goods leads to a 10 percent decrease in quantity demanded,the demand curve for this good

• A)is vertical.
• B)is horizontal.
• C)has slope equal to -1.
• D)is a straight line with slope equal to -10.
• E)is downward sloping and bowed toward the origin.

---

Definitions:

Restorative Practices

A set of principles and techniques aimed at fostering relationships, healing harm, and restoring community in response to conflict or misconduct.

Ethical Obligation

The duty to act in a morally correct manner, often within a professional or social context, guided by specific codes or principles.

Monetary Benefit

Financial gains or advantages, often resulting from employment, investments, or various forms of aid and compensation.

Disconnected Counselors

Therapists or advisors who are emotionally or mentally detached from their clients, potentially impacting the effectiveness of the counseling.