25
QuizMultiple Choice

The Law of Demand

Question 25 • RAIL NCAA OC Economics 2027

Which best summarizes how consumer demand changes?

Answer
A
Consumer demand changes over time based on few factors.
B
Consumer demand changes often based on many factors.
C
Consumer demand changes over time based on specific factors.
D
Consumer demand changes often based on few factors.

Explanation

Consumer demand can shift frequently as consumers’ preferences, incomes, prices, trends, and other conditions change. Because many influences can affect what people want to buy, the best summary is that demand changes often based on many factors. Choice B states this most accurately.

AI-written and checked against the verified answer.

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