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 region of the brain that plays a crucial role in many important functions, including releasing hormones, regulating body temperature, and maintaining daily physiological cycles.

Alzheimer's Disease

A progressive neurological disorder characterized by memory loss, cognitive decline, and personality changes, resulting from the degeneration of brain cells.

Hippocampus

A region of the brain important for memory formation and spatial navigation.

Alzheimer's Disease

A progressive neurological disorder that causes memory loss, cognitive decline, and eventually the loss of ability to carry out simple tasks.