A Demand Curve Is Built on the Assumption That

question 45

Multiple Choice

A demand curve is built on the assumption that

• A)income is derived from demand.
• B)price remains the same, and fixed costs change.
• C)everything but price and demand remains the same.
• D)fixed costs change with quantity demanded.
• E)the firm does not advertise.

---

Definitions:

Emotionality

The quality or state of being emotional; the degree to which someone experiences and expresses emotions.

Negative Emotions

Feelings that are typically experienced as unpleasant, such as sadness, anger, fear, and jealousy.

Optimistic Thinking

A mindset characterized by expecting positive outcomes or focusing on the most hopeful aspects of a situation.

Gathering Data

The process of collecting information and facts for the purpose of understanding and analyzing subjects or issues.