When the Demand for Packaged Beer Fell by 8 Percent

question 137

Multiple Choice

When the demand for packaged beer fell by 8 percent in one year,why did the demand for aluminum beer cans and glass beer bottles also fall?

• A) because the demand for beer containers is an example of elastic demand
• B) because the demand for beer containers is an example of fluctuating demand
• C) because the demand for beer containers is an example of inelastic demand
• D) because the demand for beer containers is an example of derived demand

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Definitions:

Precise Language

The use of clear, accurate, and specific words to communicate effectively.

Biases

Prejudices or predispositions toward one side of a subject or issue.

Phenomena

Observable events or occurrences that can be studied scientifically or understood through analysis.

Hypothesis

An assumption or proposition made as a basis for reasoning or research, without any assumption of its truth.