Which of the Following Does the Law of Demand Specifically

question 52

Multiple Choice

Which of the following does the law of demand specifically imply?

• A) If the product price increases, quantity demanded will decrease.
• B) If consumer income increases, quantity demanded will increase.
• C) If the product price increases, quantity demanded will increase.
• D) If consumer income increases, quantity demanded will decrease.
• E) If supply increases, demand will increase.

---

Definitions:

Family Demands

The responsibilities and expectations placed on an individual by their family members, which can include care-taking, household duties, and emotional support.

Educational Demands

The requirements, expectations, and workload placed on students by educational systems, often reflecting academic standards and goals.

Friendships

Mutual affectionate relationships between two or more individuals, characterized by trust, support, and communication.

Protection

Measures or actions taken to guard against harm, loss, or unwanted access, ensuring safety and security.