Which of the Following Would Most Likely Cause the Demand

question 57

Multiple Choice

Which of the following would most likely cause the demand for veggie burgers to increase?

• A) A decline in the price of veggie burger.
• B) An increase in the price of tofu burgers, perceived as a substitute by veggie burger consumers.
• C) An increase in the price of burger buns.
• D) A technological innovation that lowers the cost of producing veggie burgers.

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Definitions:

Placebo

An inert or non-effective substance or treatment given to a participant in a study, used to contrast with an active substance to test its efficacy.

Test

An assessment or examination intended to measure a test-taker's knowledge, skill, aptitude, physical fitness, or classification in many other topics.

Independent Variable

The variable in an experiment that is manipulated to observe its effect on the dependent variable.

Dependent Variable

The variable in an experiment that is affected by manipulation of the independent variable, and is measured or observed by the researcher.