All of the Following Except One Will Cause the Demand

question 116

Multiple Choice

All of the following except one will cause the demand for a normal product to decrease.Which is the exception?

• A)The expectation by consumers that the future price will be higher.
• B)The fear of consumers of a future recession.
• C)An increase in the price of a complementary product.
• D)A decrease in the price of a substitute product.
• E)A decrease in consumer incomes.

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Definitions:

Molecular Homoplasy

The occurrence of similar or identical molecular sequences in different species not due to shared ancestry but convergent evolution or other processes.

Morphological Homoplasy

The occurrence of similar body structures in different species not due to common ancestry, often resulting from convergent evolution.

Nucleotide Bases

The building blocks of DNA and RNA, consisting of adenine, thymine (uracil in RNA), cytosine, and guanine.

Obligate Symbionts

Organisms that require a symbiotic relationship with another organism to survive.