Which of the Following Is an Example of the Law

question 365

Multiple Choice

Which of the following is an example of the law of supply?

• A) The price of gum has increased so producers are making more gum.
• B) The price of labor has increased and producers decrease supply.
• C) The amount of a good purchased increases when the price decreases.
• D) Producers provide less of a good when the price increases.

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Definitions:

Thirteenth Amendment

An amendment to the U.S. Constitution that abolished slavery and involuntary servitude, except as a punishment for a crime.

Slavery

A system in which individuals are owned by others, deprived of personal freedom and forced to perform labor or services without compensation.

Plessy v. Ferguson

The 1896 Supreme Court decision that upheld racial segregation under the "separate but equal" doctrine, later overturned by Brown v. Board of Education in 1954.

Racial Segregation

The systemic separation of people into racial or ethnic groups in daily life, including housing, education, and employment.