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:

Contingency Management

A behavioral therapy technique involving changing behavior by modifying its consequences with rewards or punishments.

Drug-free Urine Specimens

Urine samples that test negative for the presence of illicit substances or drugs.

Program Privileges

Specific benefits or rights granted to participants in a program, often as incentives or rewards for progress or adherence to program guidelines.

Pharmacologic Potentiation

The increase in the effect of one drug by the use of another, often enhancing the first drug's therapeutic effect.