In Which Statement Is the Term "Demand" Used Correctly? (1)A

question 114

Multiple Choice

In which statement is the term "demand" used correctly? (1) A decrease in the price of airline tickets led to an increase in quantity demanded for airline tickets.(2) A decrease in the price of airline tickets led to an increase in the demand for airline tickets.

• A)neither statement
• B)the first statement only
• C)the second statement only
• D)both statements
• E)more information is needed

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Definitions:

Self-Monitoring

The ability to regulate behavior to accommodate social situations, reflecting awareness and control of one's social performance.

Extraversion

Extraversion is a personality trait associated with outgoing, energetic behavior, in contrast to introversion, which is characterized by more reserved and solitary characteristics.

Attractiveness

A quality that makes an individual appealing or desirable to others, often assessed by physical appearance but also including personality traits.

Trait

A distinguishing quality or characteristic of an individual, often used to describe personality.