The Downward Slope of a Demand Curve

question 135

Multiple Choice

The downward slope of a demand curve

• A) shows that, as the price of a good rises, consumers increase the quantity they demand.
• B) indicates how the quantity demanded changes when incomes rise and the good is a normal good.
• C) indicates how demand changes when the price changes and the good is a normal good.
• D) indicates how demand changes when incomes rise and the good is a normal good.
• E) represents the law of demand.

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Definitions:

Differential Association Theory

A theory in criminology that suggests individuals learn deviant behavior through their interactions and communications with others.

Utilitarianism

A theory in normative ethics holding that the best moral action is the one that maximizes utility or happiness for the greatest number of people.

Positivism

A philosophical approach that emphasizes the observational and empirical evidence as the foundation for knowledge and understanding.

Biological Determinism

The idea that biological factors such as genetic makeup determine human behavior and societal roles.