The "Other Things Being Equal" Clause in the Law of Demand

question 140

Multiple Choice

The "other things being equal" clause in the law of demand does  allow which of the following factors to change?

• A) Consumer income.
• B) The prices of other goods.
• C) Consumer tastes and preferences.
• D) The price of the good being demanded.

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Definitions:

Hypothalamus

A small but crucial part of the brain that regulates hormones, temperature, hunger, thirst, and circadian rhythms.

Zona Glomerulosa

The outermost layer of the adrenal cortex, responsible for the production of aldosterone, which regulates blood pressure and electrolyte balance.

Acinar Cells

Cells that form acinus, secreting substances in the pancreas and salivary glands.

Zona Reticularis

The zone of the adrenal gland that secretes sex steroids, situated deepest within the adrenal cortex.