A Decrease in Demand for Cameras Would Likely Be Caused

question 244

Multiple Choice

A decrease in demand for cameras would likely be caused by

• A) an increase in the price of a substitute good.
• B) an increase in the price of cameras.
• C) an increase in the price of a complementary good.
• D) a decrease in the price of cameras.

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Definitions:

Grades

A system used to evaluate or rate students' performance in academic settings.

Punishment

A consequence applied with the intention of reducing or eliminating an undesired behavior.

Rewards

Incentives or positive outcomes that encourage certain behaviors.

Responses

Reactions or behavior exhibited by an organism in response to a stimulus.