Which of the Following Demonstrates the Law of Demand

question 185

Multiple Choice

Which of the following demonstrates the law of demand?

• A) Jon buys more pretzels at $1.50 each since he got a $1 raise at work.
• B) Melissa buys fewer muffins at $0.75 each than at $1 each.
• C) Johan buys more burgers at $2 each than at $4 each.
• D) Kendra buys fewer milk chocolate bars at $0.60 each since the price of white chocolate bars fell to $0.50 each.

---

Definitions:

Insurance Settlement

The agreement reached between the insurer and the insured to resolve a claim, resulting in payment to the insured or a third party.

Bits

The most basic data element in computer science, which can be a binary digit of 0 or 1.

Byte

A unit of digital information in computing and telecommunications that most commonly consists of eight bits, representing a single character of data.

Manufacturer

A company or individual that produces finished goods from raw materials on a large scale, using labor, machinery, and tools.