If the Number of Consumers for a Good Increases, Demand

question 147

Multiple Choice

If the number of consumers for a good increases, demand will ______

• A) increase.
• B) decrease.
• C) not change.
• D) stay the same, but price will increase.
• E) stay the same, but price will decrease.

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Definitions:

Amnesty Program

A governmental initiative that grants legal forgiveness for individuals who have committed certain offenses, often related to immigration or taxes, permitting them to rectify their status or reduce penalties.

Legal Immigrants

Individuals who have been granted the right to live permanently and work in a country according to its laws and procedures.

Country of Origin

Refers to the country where a product is manufactured or where a service is provided, often used to indicate quality, style, or prestige.

Economic Immigration

The migration of individuals to a new country based on the primary purpose of finding employment or economic opportunities.