Which of the Following Demonstrates the Law of Demand

question 104

Multiple Choice

Which of the following demonstrates the law of demand?

• A)After Jon got a raise at work,he bought more pretzels at $1.50 per pretzel than he did before his raise.
• B)Melissa buys fewer muffins at $0.75 per muffin than at $1 per muffin,other things equal.
• C)Dave buys more donuts at $0.25 per donut than at $0.50 per donut,other things equal.
• D)Kendra buys fewer Snickers at $0.60 per Snickers after the price of Milky Ways falls to $0.50 per Milky Way.

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Definitions:

Human Factors Psychologists

Professionals who study how people interact with machines and environments to improve safety, efficiency, and product design.

Self-Driving Vehicles

Automated cars equipped with sensors and software to navigate and drive without human intervention.

Gestalt Psychology

A psychological approach that emphasizes understanding the whole experience rather than breaking it down into parts.

Insight

The sudden realization or understanding of the solution to a problem, often perceived as an "aha" moment.