An Increase in Price Is Likely to Affect Demand in What

question 71

Multiple Choice

An increase in price is likely to affect demand in what way?

• A)Demand will increase.
• B)Demand will decrease.
• C)Demand will not change.
• D)This would only affect supply and not demand.

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Definitions:

Mental Disorder

A mental disorder is a condition characterized by significant disturbance in an individual's cognition, emotional regulation, or behavior, usually associated with distress or impaired functioning.

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The act of leaving one's country of birth to live permanently in another country.

Generalized Anxiety Disorder

A mental health disorder characterized by excessive, uncontrollable worry about various aspects of life, often accompanied by physical symptoms.

Obsessions

Persistent, intrusive, and unwanted thoughts that cause distress or anxiety.