Write a Negation for the Statement

question 279

Multiple Choice

Write a negation for the statement.
-Not all people like football.

• A)Some people like football.
• B)Some people do not like football.
• C)All people do not like football.
• D)All people like football.

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Definitions:

Market Demand Curve

A graphical representation of the quantity of goods being purchased at different prices within a market.

Individual Demand Curves

Graphs showing the relationship between the price of a good and the quantity of that good a single consumer is willing to buy at various prices.

Horizontal Sum

In economics, the process of aggregating demand curves of different individuals to derive the market demand curve.

Inferior Good

A type of good whose demand decreases as consumers' income rises, contrary to what happens with normal goods.