A Product with Backward Sloping Demand _____

question 69

Multiple Choice

A product with backward sloping demand _____

• A) displays a negative price-quantity demanded relationship
• B) means consumers are more sensitive to price than to other product factors
• C) displays a neutral price-quantity demanded relationship
• D) displays a positive price-quantity demanded relationship
• E) displays a positive price-quality relationship

---

Definitions:

Adult Population

The segment of the population that is aged 18 and over, often considered in workforce and economic participation studies.

Employed Category

A classification within labor statistics representing individuals who are working and receiving compensation for their labor.

Paid Workers

Individuals who receive monetary compensation for their labor or services in various employment or contractual arrangements.

Employed Category

A classification in labor statistics that includes individuals who are currently holding a job.