Which of the Following Statements Best Illustrates the Law of Demand

question 15

Multiple Choice

Which of the following statements best illustrates the law of demand?

• A)When the price of pepperoni rises, the demand for pizza falls.
• B)When the weather gets hotter, the quantity demanded of ice cream rises.
• C)When the price of lemons falls, the demand for lemonade rises.
• D)When the price of eggs rises, the quantity demanded of eggs falls.

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Definitions:

Superior Races

A discredited and harmful belief that certain racial groups are inherently better, smarter, or more deserving of resources and power than others, historically used to justify inequality, segregation, and genocide.

Consensus Theory

A sociological perspective suggesting that social order and stability are maintained through a general consensus on values, norms, and rules within society.

Punishment

The imposition of a penalty as retribution for an offense, often used within the context of criminal justice to deter unlawful behavior.

Rational Factors

Elements or considerations based on reason, logic, or facts that influence decisions or behaviors.