A Decrease in Demand Could Be Caused by

question 148

Multiple Choice

A decrease in demand could be caused by

• A)​an increase in price.
• B)​a decrease in the price of a complement.
• C)​a technological advance.
• D)​a decrease in the price of a substitute.

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Definitions:

Incarceration Rates

The number of individuals held in jail or prison per 100,000 of the national population.

Morality Policies

Public policies that are driven by societal values and ethical considerations, often addressing controversial issues like abortion or substance use.

Public Opinion

The collective attitudes or beliefs of the general public on a specific topic or set of topics.

Political Concerns

Issues or considerations relating to government policies, political processes, governance structures, or public administration.