An Increase in the Demand for a Good Means That

question 68

Multiple Choice

An increase in the demand for a good means that

• A) the demand curve has shifted to the left.
• B) the good's price has fallen and, as a result, consumers are buying more of the good.
• C) the good has become scarce.
• D) consumers are willing to purchase more of the good at each possible price.

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Definitions:

Encounter

A meeting or experience with someone or something, especially one that is unexpected or significant.

Get Hurt

Experiencing physical pain or injury, or emotional distress as a result of an action, event, or situation.

Systematic Desensitization

A behavioral therapy technique used to reduce phobic responses or anxiety through controlled exposure to the feared object or situation paired with relaxation exercises.

Group Therapy

A form of psychotherapy involving one or more therapists treating a small group of clients together.