If, Regardless of Price, the Quantity Demanded Is a Constant

question 125

Multiple Choice

If, regardless of price, the quantity demanded is a constant amount, then the demand curve is

• A) horizontal.
• B) vertical.
• C) upward sloping.
• D) downward sloping.

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Definitions:

Intrinsically Real

Pertaining to the inherent or essential nature of something, being genuine and not dependent on external factors or perceptions.

Deviant Behavior

Actions or behaviors that violate societal norms or expectations, often eliciting disapproval or sanctions.

Conforming Behavior

Actions that align with societal norms, rules, or expectations, often to gain acceptance or approval from a group.

Alcoholics

Individuals who suffer from alcoholism, a chronic disease characterized by an uncontrollable urge to consume alcohol despite its negative effects on their health and life.