Which of the Following Is the Best Example of the Law

question 13

Multiple Choice

Which of the following is the best example of the Law of Demand?

• A) When Alex received a pay hike, his consumption of all goods increased.
• B) When the price of gasoline increased, the demand for cars fell.
• C) When the price of Nokia phones increased, the demand for Samsung phones increased.
• D) When the price of tea increased, the quantity demanded of tea decreased.

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Definitions:

Amplitude

The height or intensity of a wave, indicating the strength or level of a signal, sound, or other phenomenon.

Complexity

Referring to the state or quality of being intricate or complicated, often involving numerous interdependent parts or elements.

Purity

The state or quality of being pure, free from contaminants, or possessing a single, unmixed element or nature.

Hertz

The unit of frequency in the International System of Units (SI), representing one cycle per second.