Which of the Following Will Not Increase the Demand for Iced

question 185

Multiple Choice

Which of the following will not increase the demand for iced tea?

• A)an increase in advertising that makes drinking iced tea more appealing
• B)an increase in the price of iced coffee, a substitute product
• C)an increase in the income of consumers (assume that iced tea is a normal good)
• D)a decrease in the price of iced tea
• E)a decrease in the price of lemons, a complement to iced tea

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Definitions:

Conservation

In cognitive development, the understanding that properties such as volume, mass, and number remain the same despite changes in the forms or appearances of objects.

Quantity

A property that exists as magnitude or multitude, referring to the amount or number of a material or immaterial thing.

Schemas

Cognitive frameworks or concepts that help individuals organize and interpret information from the world around them.

Shape

The external form or appearance characteristic of someone or something; the outline of an area or figure.