1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
krok68 [10]
3 years ago
6

The price of producing a $4 chocolate bar goes up, so the seller of the chocolate bar raises the price to $5. A student describe

s 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.
History
1 answer:
Dmitrij [34]3 years ago
7 0
Think of it like this.  If you could get a new cell phone for ten bucks, you'd want it, right?  In fact, pretty much EVERYONE would want it.  This means the quantity demanded will be high: more people want it.  BUT, if it goes up to $1,000, I bet you wouldn't want it that badly!  The quantity demanded will go down, because less people want to buy it.  It's the same thing with the chocolate bar.  Since the price goes up, the quantity demanded will go DOWN, because less people want to buy it now that it's more expensive.  The student's answer is incorrect.

Answer: The student's answer is incorrect.  Since the price goes up, the quantity demanded will go down.
You might be interested in
Identify the process that your amendment will have to follow to become part of the Constitution. Some information appears for yo
Nady [450]

Answer: your amendment is sexist and will not benefit all genders and they can't give out free birth control simply free birth control don't have sex if you don't want a baby

Explanation:

5 0
2 years ago
How old would Kurt Cobain be today if he didn't pass?
Mekhanik [1.2K]

Answer:

54 years old

Explanation:

<h2><u><em>PLEASE MARK AS BRAINLIEST!!!!!</em></u></h2>
5 0
2 years ago
Read 2 more answers
When unions were first organized, union leaders: were paid larger salaries than non-union workers promoted strikes among factory
romanna [79]
When unions were first organized, union leaders (in many ways, although not universally) "<span>were seriously listened to by factory owners". They had a new-found leverage. </span>
3 0
3 years ago
Read 2 more answers
Please help
vlabodo [156]

Answer:

A

Explanation:

the only answer without a negative connatation

6 0
2 years ago
How did Arab nations in the Middle East react to the creation of Israel
Snowcat [4.5K]
<span>The Arabs nation in the Middle East angrily refused to recognize Israel and declared war.</span>
3 0
3 years ago
Other questions:
  • What was the significance of the night of the long knives?​
    13·1 answer
  • Who was the most significant of the late19th century detractors of the romantic tradition in ballet?
    8·1 answer
  • 1)
    8·2 answers
  • Which groups enjoyed greater rights in Louisiana while under French and Spanish control compared to US territorial control? ensl
    15·2 answers
  • Relationships among privet individuals or companies are governed by?
    13·2 answers
  • HELP PLEASEE I WILL GIVE 30 POINTS AND BRAINLIST!!!!
    6·1 answer
  • I need help ASAP!! Please !!!
    10·2 answers
  • One similarity between the Supreme Court and The House of Lords is that:________.
    8·1 answer
  • The First africans to arrive in jamestown were treated as indentured servants who could gain their freedom after a period of wor
    13·1 answer
  • 8) How did the United States national security policy change at the end of the Cold War?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!