The Law of Demand States That the Quantity Demanded of a Product

question 261

Multiple Choice

The law of demand states that the quantity demanded of a product increases as

• A) consumer income rises.
• B) the prices of other products fall.
• C) the price of the product rises.
• D) the price of the product falls.

---

Definitions:

Donald Super

A psychologist known for his theories on career development, emphasizing the importance of self-concept in occupational choice and satisfaction.

Donald Super

A psychologist renowned for his development of the "Life-Span, Life-Space" theory, which regards career development as a lifelong process.

Career Development

The perpetual endeavor of guiding one's learning, professional life, recreational pursuits, and shifts in circumstances to advance towards a personally envisioned and dynamic future goal.

Maintenance Stage

A phase in behavior change models (e.g., in smoking cessation or weight loss programs) where individuals strive to sustain their achieved improvements over the long term.