Assuming That Knowledge Is "Justified True Belief," Then, If You

question 19

Multiple Choice

Assuming that knowledge is "justified true belief," then, if you know something,

• A)it's enough for it to be true.
• B)besides being true, it also has to be justified
• C)it must be an empirical truth.
• D)it must be a necessary truth.

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Definitions:

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a specific price.

Price Elasticity

Quantifying the demand shift for an item in response to its price adjustments.

Responsiveness

The ability or tendency of an entity or system to react to changes, stimuli, or feedback from the environment.

Complements

Products that are usually consumed jointly (for example, bread and butter, hot dogs and hot dog buns). A decrease in the price of one will cause an increase in demand for the other.