Why Are Most Demand Curves Downward Sloping

question 51

Multiple Choice

Why are most demand curves downward sloping?

• A)consumers get tired of goods and use less of them.
• B)consumers want more variety in goods and services.
• C)a higher price for a good reduces the consumer's desired consumption of a good.
• D)a lower price for a good reduces the consumer's desired consumption of a good.
• E)none of the above.

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Definitions:

Pearl Harbor

A U.S. naval base in Hawaii that was the site of a surprise military strike by the Japanese Navy against the United States on December 7, 1941, leading directly to the U.S. entering World War II.

Indian Nationalists

Individuals advocating for the independence of India from British rule, part of a movement that gained significant momentum in the early 20th century and led to India's independence in 1947.

World War II

A global conflict that lasted from 1939 to 1945, involving most of the world's nations, including all of the great powers, organized into two opposing military alliances: the Allies and the Axis.

Battle at Midway

A significant naval battle in World War II (June 1942) where the United States defeated Japan, marking a turning point in the Pacific Theater.