B. Running water
**eplanation:**
Hello there!
<span>When playing games of chance like slot machines or roulette, people often say that a particular outcome is "due," implying that one outcome is more likely because it hasn't happened in a while. this is a fallacy because in these examples the outcome of each trial is: Independent
Games or chance are random in nature. That is, the outcomes are influenced not by the previous outcome, but by probabilistic statistics. In slot machines or roulette, the outcome of each trial is Independent, meaning that it isn't influenced by any previous trial and that if an outcome doesn't happen in a while, it will not increase the chances that it will happen in the next trial.
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Answer:
(C). the quantity demanded of a product is inversely related to its price.
Explanation:
According to the law of demand, <u>when the price of a product is high, the quantity of that product that will be demanded will be low</u>, because customers won't want to pay so much to get the product.
Similarly, <u>when the price of the product drops, the the demand for it will increase.</u>
Therefore the quantity of a product demanded is inversely related to its price.
