If There Is a Decrease in Demand for Lettuce, We

question 155

Multiple Choice

If there is a decrease in demand for lettuce, we would expect

• A) both the price and quantity sold to increase.
• B) both the price and quantity sold to decrease.
• C) the price to decrease and the quantity sold to increase.
• D) the price to increase and the quantity sold to decrease.

---

Definitions:

Blog

A website or web page that is regularly updated with informal or conversational content, often written by an individual or small group.

Goals

The desired results or outcomes that an individual or group aims to achieve through their efforts or actions.

Viral Marketing

A strategy that encourages individuals to pass on a marketing message to others, creating potential for exponential growth in the message's exposure and influence.

Word-of-mouth Marketing

A promotional strategy that relies on satisfied customers and users to spread the word about a product or service, often considered highly trustworthy.