According to the Law of Demand, Which of the Following

question 96

Multiple Choice

According to the law of demand, which of the following is true?

• A) If prices decrease, customers will buy more.
• B) Customers are not aware of small price changes.
• C) The effect on demand from changes in price cannot be accurately predicted.
• D) Demand equals supply.
• E) If prices increase, customers will buy more.

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Definitions:

Active Transport

The movement of molecules across a cell membrane from a lower to a higher concentration, requiring energy.

Mitochondria

Organelles within cells that are the sites of aerobic respiration, providing energy for cellular functions.

Concentration Gradient

A variation in the concentration of a substance across a distance, leading to the movement of particles from an area of high concentration to one of lower concentration.

Carrier Molecules

Proteins that facilitate the transport of substances across a cell membrane without modification of the transported substance.