Which of the Following Statements Is FALSE

question 261

Multiple Choice

Which of the following statements is FALSE?

• A) The root cause of mass starvation is a lack of food.
• B) Most mass starvations have been intentional.
• C) Mass starvation is less likely in democracies.
• D) Greater political competition is associated with higher levels of food distribution.

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Definitions:

Special Sale

A promotional offer that temporarily reduces the price of items or services to encourage purchases.

Price Range

The spread between the highest and lowest selling price of a good or service in a market over a certain period of time.

Total Revenues

The total amount of money generated by a firm from its sales activities before any expenses are subtracted.

Elastic

A description of a variable's sensitivity to change in another variable, often used in economics to describe how demand or supply responds to changes in price.