According to the Figure Above, Which of the Following Events

question 32

Multiple Choice

According to the figure above, which of the following events will increase the quantity demanded of bottled water?

• A) A rise in the price of a fitness club membership.
• B) A fall in the price of bottled water.
• C) An increase in the number of buyers of bottled water.
• D) A rise in the price of bottled water.
• E) A fall in the price of soft drinks.

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Definitions:

Correlation

A metric that shows how much two or more variables move in relation to each other.

Causation

The relationship between cause and effect, where one event is the result of the occurrence of another event.

Canalisation

The directing or channeling of behaviors or processes in a specific, predetermined direction.

Soup Kitchen

A place where free food, often in the form of soup, is served to the needy.