Which Statement BEST Exemplifies the Law of Demand

question 55

Multiple Choice

Which statement BEST exemplifies the law of demand?

• A) As income taxes rise,fewer new cars are purchased.
• B) As the price of corn rises,more hectares of corn are planted.
• C) As the price of a car rental rises,fewer cars are rented.
• D) As the population rises,more electricity is consumed.

---

Definitions:

Universal Forms

Standardized templates or documents that are widely accepted and used across various contexts or industries.

Appropriateness

The degree to which communication actions are suitable for a particular context or environment.

Consistency

The quality of always behaving or performing in a similar way, or producing the same results, thereby allowing for reliability or dependability.

Cognitive Dissonance

A psychological phenomenon where a person experiences discomfort or distress from holding two or more conflicting beliefs, values, or attitudes.