An Increase in the Demand for a Product Will Cause

question 210

Multiple Choice

An increase in the demand for a product will cause the

• A) demand for and prices of the resources used to produce the product to increase.
• B) demand for and prices of the resources used to produce the product to decrease.
• C) demand for and prices of the resources used to produce the product to remain unchanged.
• D) price of the product to decrease.

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Definitions:

Divorce

The legal dissolution of a marriage by a court or other competent body.

Anxious

Experiencing worry, unease, or nervousness, typically about an imminent event or something with an uncertain outcome.

Irrational

Lacking reasonable or logical basis; actions or thoughts that are not in alignment with reasonable or sensible thinking.

Aggressive

Pertaining to behavior characterized by assertiveness, hostility, or an intention to cause harm.