Which of the Following Is Consistent with the Law of Demand

question 95

Multiple Choice

Which of the following is consistent with the law of demand?

• A) People substitute higher-priced goods for higher-quality goods.
• B) People substitute some higher-priced goods for other higher-priced goods.
• C) People substitute lower-priced goods for higher-priced goods.
• D) People substitute some lower-priced goods for other lower-priced goods.

---

Definitions:

Cerebrospinal Fluid

A transparent, colorless fluid present within the brain and spinal cord that serves to protect the brain's cortex by cushioning it, offering essential mechanical and immunological defense within the skull.

Spinal Tap

A medical procedure where a needle is inserted into the lower back to collect cerebrospinal fluid for testing.

Enlargements

Increases in size or volume of an organ or structure, often due to cell growth or accumulation of materials.

Spinal Cord

The long, thin, tubular structure made up of nervous tissue, which extends from the brainstem to the lower back, carrying nerve impulses between the brain and the rest of the body.