Which of the Following Most Correctly States the Law of Demand

question 237

Multiple Choice

Which of the following most correctly states the law of demand?

• A) As the price falls all other things unchanged, demand will go up.
• B) As the price goes up, all other things unchanged, demand will go down.
• C) As the price falls, all other things unchanged, the quantity demanded will go down.
• D) As the price falls, all other things unchanged, the quantity demanded will increase.

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Definitions:

Effective Performers

Individuals who consistently achieve their goals and make significant contributions to organizational success through high levels of productivity and quality of work.

Job-Related Items

Specific tasks or duties associated with a particular job, or elements that are directly connected to the performance of work in a given position.

Critical Incidents

In the context of HR and organizational behavior, these are significant actions or events that contribute decisively to an organization's success or failure.

Task-Analysis Inventory

A detailed analysis or listing of all the tasks performed in a particular job, used for training or job design purposes.