A Demand Curve Shows How Quantity Demanded Changes as the Price

question 48

Multiple Choice

A demand curve shows how quantity demanded changes as the price changes.It implies that

• A)only a change in price can shift a demand curve
• B)everything else that affects demand is assumed to be constant
• C)quantity demanded is unrelated to price
• D)economists are concerned only with money
• E)it is impossible to show how anything but price affects demand

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Definitions:

Craving

An intense, often uncontrollable desire for a specific stimulus, such as a drug, food, or activity.

Heroin

Heroin is an opioid drug made from morphine, a natural substance taken from the seed pod of the various opium poppy plants, which is highly addictive and illegal, used for its euphoric effects.

Antagonist Drugs

Medications that block or dampen the action of neurotransmitters or hormones, often used in the treatment of various diseases and conditions.

Psychoactive Drugs

Substances that affect the mind, mood, or other mental processes, often used recreationally or as medication.