Which of the Following Statements Is INCORRECT

question 136

Multiple Choice

Which of the following statements is INCORRECT?

• A) As the population rises, the market demand curve shifts to the right.
• B) As a greater fraction of the population becomes elderly, the demand for medical services will tend to increase.
• C) Changes in the composition of the population affect the demand for a product.
• D) None of the statements associated with this question are incorrect.

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Definitions:

Reduction Range

A gearset or mechanism designed to reduce the input speed to a lower output speed, increasing torque in applications like vehicle transmissions.

Idle Rpm

The rotational speed of an engine (in revolutions per minute) when it is idling, or running without any load or acceleration.

Coaxial Spring

A type of spring system where two or more springs are arranged along a common axis, usually one inside the other.

Friction Discs

Components within a mechanical clutch that provide the necessary friction to transfer torque from the driving to the driven shaft, often made of materials that improve grip and durability.