The Law of Demand Implies That, Other Things Remaining the Same

question 500

Multiple Choice

The law of demand implies that, other things remaining the same

• A) as the price of a cheeseburger rises, the quantity of cheeseburgers demanded will increase.
• B) as the price of a cheeseburger rises, the quantity of cheeseburgers demanded will decrease.
• C) as income increases, the quantity of cheeseburgers demanded will increase.
• D) as the demand for cheeseburgers increases, the price of a cheeseburger will fall.

---

Definitions:

Cash Outflows

Money leaving a business through expenses, investments, and other financial activities, reducing the cash balance.

Operating Activities

Business activities directly related to the production and delivery of goods and services, which are reflected in the cash flow statement.

Cash Outflow

Money or funds that leave a company, typically through expenses, purchases, or investments.

Financing Activities

Transactions related to acquiring or repaying capital, such as issuing stocks, bonds, or taking out loans.