subject
Mathematics, 20.05.2020 18:59 sara12340

The price of producing a $4 chocolate bar goes up, so the seller of the chocolate bar raises the price to $5. A student describes the effect on the demand for the chocolate, saying, "Since the price goes up, the quantity demanded will go up." Evaluate the student's answer.

Select the best answer from the choices provided.
A.
The answer is correct because the student describes the effects of the law of supply correctly.
B.
The answer is incorrect because the quantity demanded would go down.
C.
The answer is correct because the student describes the effects of the law of demand correctly.
D.
The answer is incorrect because the student does not mention supply.

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 18:30
Can someone me out here and the tell me the greatest common factor
Answers: 1
question
Mathematics, 21.06.2019 20:40
Formulate the indicated conclusion in nontechnical terms. be sure to address the original claim. the foundation chair for a hospital claims that the mean number of filled overnight beds is over 523, and she is therefore justified starting a funding campaign to add a wing to the hospital. assuming that a hypothesis test has been conducted and that the conclusion is failure to reject the null hypothesis, state the conclusion in nontechnical terms.
Answers: 3
question
Mathematics, 21.06.2019 21:40
Question 1 of 10 2 points different groups of 50 graduates of an engineering school were asked the starting annual salary for their first engineering job after graduation, and the sampling variability was low. if the average salary of one of the groups was $65,000, which of these is least likely to be the average salary of another of the groups? o a. $64,000 o b. $65,000 o c. $67,000 o d. $54,000
Answers: 2
question
Mathematics, 21.06.2019 23:30
Katie wants to collect over 100 seashells. she already has 34 seashells in her collection. each day, she finds 12 more seashells on the beach. katie can use fractions of days to find seashells. write an inequality to determine the number of days, dd, it will take katie to collect over 100 seashells.
Answers: 1
You know the right answer?
The price of producing a $4 chocolate bar goes up, so the seller of the chocolate bar raises the pri...
Questions
question
Mathematics, 22.02.2021 18:40
question
English, 22.02.2021 18:40
question
Mathematics, 22.02.2021 18:40
question
Mathematics, 22.02.2021 18:40
Questions on the website: 13722361