Which of the Following Statements Is FALSE

question 48

Multiple Choice

Which of the following statements is FALSE?

• A)A change in the demand for a product is caused by factors other than changes in the product's price.
• B)A decrease in demand shifts the demand curve leftward toward the origin,while a decrease in quantity demanded involves a movement upward along a particular demand curve.
• C)If there is an increase in the demand for a product,consumers want to buy more of the product at each and every possible price.
• D)If the price of a good rises,quantity demanded of the good decreases and the demand curve shifts toward the origin.

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Definitions:

Contextual Explanation

An interpretation or clarification that considers the surrounding circumstances or factors affecting a specific situation or event.

Social Learning

The process of acquiring behaviors, skills, attitudes, or values from observing the actions or outcomes of others.

Psychoanalytic

Relating to or denoting a method of psychological therapy originated by Sigmund Freud which emphasizes unconscious mental processes.

Ethological

Pertaining to ethology, the scientific study of animal behavior under natural conditions.