The answer I think it is ,is (B.)
Answer:
B. there is a movement up along the demand curve to a smaller quantity demanded.
Explanation:
Based on the laws of demand, if the price of the good rises the quantity demanded of that good would be reduced keeping other things constant and if the price of the good declines the quantity demanded of that good would be raised keeping other things constant.
It represents the inverse relation between the price and the quantity demanded of the good
Therefore the quantity demanded get decreased with the price
Whats the answer options you get
Businesses often engage in a variety of tactics to influence government policy. This includes lobbying, political contributions, and interest group politics.
The correct answer among the choices given is the third option. Speculation would mean to an economist as making high-risk investments with borrowed money. It is the purchase of something hoping for it to be more valuable at a certain time.
