The Demand Curve for Apples Is Downward-Sloping Because

question 17

Multiple Choice

The demand curve for apples is downward-sloping because

• A)when fewer apples are produced, the money in people's apple budgets does not have to stretch as far.
• B)there must have been an apple blight, so there must be fewer apples to buy.
• C)when apple prices rise, the price of other goods must also be rising, so people cannot afford to buy as much.
• D)at higher apple prices, people will seek other, relatively cheaper alternatives, like pears, oranges, or plums.
• E)at higher prices, apples are more expensive to produce, so fewer are grown.

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Definitions:

Academically

Relating to education, schooling, or scholarly activities.

Erikson

Refers to Erik Erikson, a developmental psychologist known for his theory on the psychosocial development of humans across eight stages over the lifespan.

Initiative Versus Guilt

A stage in Erik Erikson's psychosocial development theory, occurring between the ages of about 3 and 6, where children begin to assert their power and control over the world through directing play and other social interactions.

Only Children

Individuals who have no siblings and therefore receive the undivided attention and resources from their parents.