Which of the Following Is an Example of a Change

question 225

Multiple Choice

Which of the following is an example of a change in derived demand?

• A)The demand for ice cream increases during a heat wave.
• B)The demand for large pickup trucks falls when the price of gasoline increases.
• C)The demand for buns increases when the price of food truck hot dogs increases.
• D)The demand for sunscreen falls when the local swimming pool increases prices.

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Definitions:

Transmission

The act or process of sending or conveying something from one place, person, or thing to another, whether it be information, disease, or energy.

Social Reproduction

The necessary activities that guarantee the day-to-day reproduction and survival of the population.

Societal Norms

Shared guidelines or rules within a society that inform behavior and expectations.

Formal Education

A structured system of learning based on a curriculum, typically provided by schools, colleges, and universities, leading to recognized qualifications.