According to the Law of Demand

question 176

Multiple Choice

According to the law of demand

• A) people buy more of a good when the price rises.
• B) people buy more of a good when their income rises.
• C) people buy more of a good when the relative price rises.
• D) people buy more of a good when the price falls.

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Definitions:

Incest Taboo

A cultural and social prohibition against sexual relationships or marriage between close relatives or family members.

Incest

Marriage or sexual intercourse between people who are too closely related, usually parent and child and sibling relations at a minimum.

Rural Areas

Regions located outside towns and cities, often characterized by lower population density and agricultural or natural landscapes.

Bride-Price

A payment made by the groom or his family to the bride's family, common in some cultures as part of the marriage process.