The Law of Demand States That Quantity Demanded Increases in a Given

question 50

Multiple Choice

The law of demand states that quantity demanded increases in a given time period if:

• A) The price of the good falls.
• B) Incomes increase.
• C) Preferences change.
• D) Expectations improve.

---

Definitions:

Cognitive Triad

A concept in cognitive therapy that refers to an individual's negative thoughts about themselves, their world, and their future, which can contribute to their depression.

Cognitive Triad

A concept in cognitive therapy developed by Aaron T. Beck that describes a pattern of thinking involving negative views about the self, the world, and the future, which is common in depression.

Overwhelming

A sensation or state of being burdened with an excessive amount of something, leading to difficulty in handling or coping.

Reflect

The process of thinking deeply or carefully about something, often leading to insights or a deeper understanding.