Which of the Following Demonstrates the Law of Demand

question 104

Multiple Choice

Which of the following demonstrates the law of demand?

• A)After Jon got a raise at work,he bought more pretzels at $1.50 per pretzel than he did before his raise.
• B)Melissa buys fewer muffins at $0.75 per muffin than at $1 per muffin,other things equal.
• C)Dave buys more donuts at $0.25 per donut than at $0.50 per donut,other things equal.
• D)Kendra buys fewer Snickers at $0.60 per Snickers after the price of Milky Ways falls to $0.50 per Milky Way.

---

Definitions:

Hunting Lodge

A place of accommodation often located in remote areas for people engaging in hunting or seeking rustic outdoor experiences.

Pure Public Good

A good that is non-excludable and non-rivalrous, meaning its use by one individual does not reduce its availability to others and cannot be withheld from those who do not pay for it.

Voluntary Contributions

Financial or resource donations given by individuals or entities by choice rather than as a result of taxation or legal obligation.

Public Good

A good that is non-excludable and non-rivalrous, meaning it cannot easily exclude individuals from use, and one individual's consumption does not reduce availability for others.