Which of the Following Will NOT Lead to an Increase

question 65

Multiple Choice

Which of the following will NOT lead to an increase in demand for a normal good?

• A) an increase in income
• B) an increase in the price of an input
• C) a decrease in the price of a complement good
• D) an increase in the number of consumers

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Definitions:

Global Increase

A general term referring to the growth or rise in a specific global context, such as population, temperature, or economic activity, across the world.

Cotton Prices

The market rate or value of cotton, which has historically had significant economic impact, particularly in the agricultural sectors of countries.

King Cotton Diplomacy

The Confederate strategy during the American Civil War to withhold cotton exports to coerce Britain and France into recognizing the Confederacy.

First Geneva Convention

A treaty signed in 1864 aiming to ensure the care of the wounded in wartime on land, establishing humanitarian rules of war.