Which of the Following Statements About Demand Is True

question 140

Multiple Choice

Which of the following statements about demand is true?

• A)Since most college students want a Mercedes sports coupe, their demand for it is high.
• B)If price increases, the demand curve shifts to the right.
• C)The demand curve for bacon will not shift when the price of bacon changes.
• D)If a supply curve shifts, thereby changing the price, the demand curve will shift as well.
• E)If a demand curve shifts, the supply curve will shift as well, whether or not the price changes.

---

Definitions:

Oxygen

A chemical element (O) essential for cellular respiration in living organisms and a component of the earth's atmosphere.

Maternal Blood

Blood circulating in a pregnant woman that provides nutrients and oxygen to both the mother and the fetus.

Embryonic Blood

Blood cells that are present in an embryo, fundamental in the development of the circulatory system.

Fetal Blood

Blood that circulates through a fetus, which has unique properties, such as a higher concentration of hemoglobin, to efficiently carry oxygen from the placenta.