If We Observe a Decrease in the Price of a Good

question 130

Multiple Choice

If we observe a decrease in the price of a good and a decrease in the amount of the good bought and sold, this could be explained by a(an) :

• A) increase in the supply of the good.
• B) increase in the demand for the good.
• C) decrease in the demand for the good.
• D) decrease in the supply of the good.

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Definitions:

Death Penalty

The death penalty, or capital punishment, is a government-sanctioned practice whereby a person is executed as a punishment for a crime.

Peacemaking Criminology

A theory in criminology that emphasizes healing, reconciliation, and the reduction of harm rather than punitive measures.

Nonviolence

A principle or practice of using peaceful methods, rather than force, to bring about political or social change.

Peacemaking Criminologists

Criminologists who emphasize the resolution of conflicts and consider peace and social justice as core principles in addressing crime.