Empty Document Quiz

• It makes people completely overlook their needs.
• It eliminates the need for financial planning.
• It compels individuals to prioritize their resources. (correct)
• It leads to higher levels of consumption without limits.

• An increase in demand generally leads to a decrease in supply.
• Supply remains constant regardless of demand changes.
• Demand increases when the price of a good rises.
• Higher prices typically decrease the quantity demanded. (correct)

• It causes prices to rise indefinitely.
• It has no significant effect on market prices.
• It leads to price wars that compromise product quality.
• It generally drives prices down toward equilibrium. (correct)

<p>An increase in the price of substitute goods. (D)</p> Signup and view all the answers

<p>A national defense system. (D)</p> Signup and view all the answers