The ʺLaw of Demandʺ States That, Other Thing Remaining the Same

question 253

Multiple Choice

The ʺlaw of demandʺ states that, other thing remaining the same, the higher

• A) the price of a good, the smaller is the quantity demanded.
• B) consumersʹ incomes, the greater is the demand.
• C) the price of a good, the lower is the demand for this good.
• D) the price of a good, the higher is the quantity demanded.

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Definitions:

Ethnic Groups

Communities or populations sharing a common cultural heritage, ancestry, language, or social experience.

Stress Theory

A theory suggesting that stress results from an individual's perception that demands exceed the personal and social resources they are able to mobilize.

Family Violence

encompasses a range of abusive behaviors that occur within a family, including physical, emotional, and sexual abuse.

Intense Stress

A high level of psychological pressure or strain, which can impact an individual's mental and physical health.