In Which of the Following Statements Are the Terms "Demand

question 80

Multiple Choice

In which of the following statements are the terms "demand" and "quantity demanded" used correctly?

• A) When the price of ice cream rose,the demand for both ice cream and ice cream toppings fell.
• B) When the price of ice cream rose,the quantity demanded of ice cream fell and the demand for ice cream toppings fell.
• C) When the price of ice cream rose,the demand for ice cream fell and the quantity demanded of ice cream toppings fell.
• D) None of these statements uses the terms correctly.

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Definitions:

Culture Of Poverty

A concept suggesting that poverty creates a distinct set of values, behaviors, and norms which perpetuate the condition across generations.

Blaming The Victim

A perspective that holds individuals responsible for the negative conditions in which they live.

Classist Thinking

The belief or attitude that people from certain social or economic classes are superior or inferior to others, often leading to discrimination and social divide.

Capitalist Ideology

A set of beliefs and values that supports and promotes the principles of capitalism, including private property, free markets, competition, and profit maximization.