The Law of Demand Implies That, Other Things Remaining the Same

question 79

Multiple Choice

The law of demand implies that, other things remaining the same,

• A) as the price of a cheeseburger rises, the quantity of cheeseburgers demanded will increase.
• B) as the demand for cheeseburgers increases, the price of a cheeseburger will fall.
• C) as the price of a cheeseburger rises, the quantity of cheeseburgers demanded will decrease.
• D) as income increases, the quantity of cheeseburgers demanded will increase.

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Definitions:

Butanoic Acid

An organic compound with the formula C4H8O2, known for its unpleasant smell and used in manufacturing various esters.

Line Structure

A simplified representation of a chemical structure, showing the arrangement of atoms and bonds in a molecule using lines.

Pentanoic Acid

A five-carbon chain fatty acid, also known as valeric acid, with a chemical formula of C5H10O2.

Condensed Structural Formula

A method of representing molecules wherein the atoms are shown in order but some or all bonds are omitted for simplicity.