According to the Law of Demand, Ceteris Paribus, When the Price

question 115

Multiple Choice

According to the law of demand, ceteris paribus, when the price of roses goes up, what happens to the quantity demanded for roses?

• A) Because roses are a favorite flower, more roses are bought.
• B) Because the price has increased, fewer roses are demanded.
• C) Because it is Mother's Day, more roses are bought.
• D) Because the price has increased, florists do not stock as many roses.

---

Definitions:

Math Problem

A mathematical problem is a question that requires analysis, computation, or logical reasoning to find a solution.

Necessary Materials

Essential items or resources required for a specific task, activity, or undertaking to be successfully completed.

Family Communication

The exchange of information, feelings, and meanings between family members through verbal and non-verbal methods.

Difficult News

Difficult news refers to information that is hard to deliver or receive due to its negative, sensitive, or potentially upsetting nature.