When Quantity Demanded Has Increased at Every Price,it Might Be

question 72

Multiple Choice

When quantity demanded has increased at every price,it might be because

• A)the number of buyers in the market has decreased.
• B)income has increased and the good is an inferior good.
• C)the costs incurred by sellers in producing the good have decreased.
• D)the price of a complementary good has decreased.

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Definitions:

Preventive Maintenance

A maintenance strategy aimed at preventing machinery, equipment, and systems failures by performing regular, planned maintenance tasks.

Breakdowns

Failures or malfunctions in machinery, processes, or systems that interrupt normal operations.

Maintenance Cost

Expenses associated with the upkeep and repair of equipment or facilities to ensure they are functional and efficient.