Demand for a Good Will Always Rise When

question 70

Multiple Choice

Demand for a good will always rise when:

• A) the price of a complementary good falls.
• B) the price of a substitute good falls.
• C) tastes change.
• D) the price of the good falls.

---

Definitions:

Illegal Contract

An agreement that is not enforceable by law because it involves actions that are illegal or it violates legal statutes or public policy.

Breach

A violation or infringement of a law, agreement, or code of conduct.

Intoxicated Mental State

A condition resulting from the consumption of alcohol or drugs, impairing a person's cognitive functions and judgment.

Market Value

The current price at which an asset or service can be bought or sold in a marketplace.