If the Price of Automobiles Were to Decrease Substantially,the Demand

question 108

Multiple Choice

If the price of automobiles were to decrease substantially,the demand curve for public transportation would most likely

• A) shift right.
• B) shift left.
• C) remain unchanged.
• D) remain unchanged while quantity demanded would change.

---

Definitions:

Recall

The retrieval of information in which the processor must generate most of the information without aids. See also recognition.

Grice's Maxim

A set of conversational principles proposed by philosopher H.P. Grice that include quantity, quality, relation, and manner, aiming to make communication effective and cooperative.

Quantity

Specifies the amount or number of a material or immaterial in numerical terms, indicating how much there is of something.

Quality

The standard or degree of excellence of something, often measured against similar things.