If People Buy Less Chewing Gum at Every Price When

question 45

Multiple Choice

If people buy less chewing gum at every price when their incomes fall, then

• A) chewing gum is a normal good.
• B) the demand for chewing gum is positively sloped.
• C) demand for chewing gum has increased.
• D) the price of chewing gum has increased.
• E) there has been a decrease in population that changed demand.

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Definitions:

UN's 1994 International Conference

A significant meeting organized by the United Nations in 1994, potentially referencing a specific global issue or initiative, though further specificity would be needed for a precise definition.

Population and Development

The study of how population growth and distribution impact the economic, social, and environmental development of human societies.

Infants

Young babies and toddlers, typically those under one year of age, at the earliest stages of childhood development.

Equitable Relationships

Relationships based on fairness and equality, where all parties are treated with respect and justice.