Which of the Following Factors Will Lead to a Decrease

question 166

Multiple Choice

Which of the following factors will lead to a decrease in the demand for apple juice (Apple juice is considered to be a normal good) :

• A)An increase in the price of apple juice.
• B)An increase in the price of apples.
• C)The expectation by consumers that the price of apple juice is likely to decrease.
• D)A decrease in consumers' average income.
• E)An increase in the price of orange juice.

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Definitions:

Personality on Behavior

The influence that an individual's characteristic patterns of thoughts, feelings, and behaviors have on their actions and reactions.

Situational Constraints

External factors that restrict or dictate an individual's actions in a given situation, limiting the options available.

Stable Personality Traits

Personality characteristics that are consistent over time and across situations.

Behavioral Tendencies

Patterns or propensities to behave in certain ways across different situations and over time.